Thermal technology contracts activity in October 2019 saw 28 contracts announced, marking a drop of 3% over the last 12-month average of 29, 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 26 contracts and a 92.9% share, followed by Oil with one contract and a 3.6% share. Coal stood in third place with one contract and a 3.6% share.
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By GlobalData
Looking at global power contracts activity divided by the type of technology, thermal held the fourth position in terms of number of contracts during October 2019 with a 9.3% share.
The proportion of contracts by category in the Thermal technology tracked by GlobalData in the month was as follows:
- Repair, Maintenance, Upgrade & Others: eight contracts and a 28.6% share
- Supply & Erection: eight contracts and a 28.6% share
- Project Implementation: seven contracts and a 25% share
- Power Purchase Agreement: three contracts and a 10.7% share
- Consulting & Similar Services: two contracts and a 7.1% share.
Asia-Pacific leads thermal contracts activity in October 2019
Comparing contracts activity in thermal technology in different regions of the globe, Asia-Pacific held the top position with nine contracts and a share of 32.1% during October 2019, followed by North America with six contracts and a 21.4% share and Europe with five contracts and a 17.9% share.
In fourth place was Middle East and Africa with five contracts and a 17.9% share and in fifth place was South and Central America with three contracts and a 10.7% share.
Thermal technology contracts in October 2019: Top companies by capacity
The top issuers of contracts in Thermal technology for the month in terms of power capacity involved were:
- K-Electric (Pakistan): 900MW from one contract
- Agencia Nacional de Energia Eletrica, Brazil (Brazil): 734.13MW from three contracts
- Reliance Bangladesh LNG and Power (Bangladesh): 718MW capacity from one contract.
Thermal technology contracts in October 2019: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved were:
- Siemens (Germany): 1,150MW from two contracts
- Harbin Electric (China): 900MW from one contract
- Samsung C&T (South Korea): 718MW 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.