Thermal technology contracts activity in November 2019 saw 43 contracts announced, marking a rise of 54% over the last 12-month average of 28, according to GlobalData’s power industry contracts database.

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Gas was the top category in thermal technology in terms of number of contracts for the month, accounting for 35 contracts and a 76.1% share, followed by Oil with seven contracts and a 15.2% share. Coal stood in third place with four contracts and an 8.7% share.

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Looking at global power contracts activity divided by the type of technology, thermal held the third position in terms of number of contracts during November 2019 with an 18.3% share.

The proportion of contracts by category in the Thermal technology tracked by GlobalData in the month was as follows:

  1. Supply & Erection: 22 contracts and a 51.2% share
  2. Repair, Maintenance, Upgrade & Others: 11 contracts and a 25.6% share
  3. Project Implementation: six contracts and a 14% share
  4. Consulting & Similar Services: two contracts and a 4.7% share
  5. Power Purchase Agreement: two contracts and a 4.7% share.

Asia-Pacific leads thermal contracts activity in November 2019

Comparing contracts activity in thermal technology in different regions of the globe, Asia-Pacific held the top position with 18 contracts and a share of 41.9% during November 2019, followed by Europe with 12 contracts and a 27.9% share and North America with seven contracts and a 16.3% share.

In fourth place was South and Central America with three contracts and a 7% share and in fifth place was Middle East and Africa with three contracts and a 7% share.

Thermal technology contracts in November 2019: Top companies by capacity

The top issuers of contracts in Thermal technology for the month in terms of power capacity involved were:

  1. Government of Vietnam (Vietnam): 2,200MW from one contract
  2. Edison (Italy): 760MW from one contract
  3. Guam Power Authority (United States): 198MW capacity from one contract.

Thermal technology contracts in November 2019: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved were:

  1. The AES (United States): 2,200MW from one contract
  2. Zhejiang Electric Power Construction (China), ZheJiang Electric Power Design Institute (China) and Zhejiang Thermal Power Construction (China): 1,320MW from one contract
  3. China Energy Engineering Group International Engineering (China): 1,000MW capacity from one contract.

All publicly-announced contracts are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.

More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s Power database.