Oil and gas companies are making moves into the UK energy market.

Hydro technology contracts activity in Q2 2019 saw 33 contracts announced, marking a drop of 33% over the last four-quarter average of 49, according to GlobalData’s power industry contracts database.

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Looking at global power contracts activity divided by the type of technology, hydro held the fourth position in terms of number of contracts during Q2 2019 with a 4.8% share.

The proportion of contracts by category in the Hydro technology tracked by GlobalData in the quarter was as follows:

  1. Supply & Erection: ten contracts and a 30.3% share
  2. Consulting & Similar Services: seven contracts and a 21.2% share
  3. Project Implementation: seven contracts and a 21.2% share
  4. Power Purchase Agreement: four contracts and a 12.1% share
  5. Repair, Maintenance, Upgrade & Others: three contracts and a 9.1% share
  6. Electricity Supply: two contracts and a 6.1% share.

Europe leads hydro contracts activity in Q2 2019

Comparing contracts activity in hydro technology in different regions of the globe, Europe held the top position with 12 contracts and a share of 36.4% during Q2 2019, followed by Asia-Pacific with six contracts and an 18.2% share and South and Central America with six contracts and an 18.2% share.

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In fourth place was Middle East and Africa with five contracts and a 15.2% share and in fifth place was North America with four contracts and a 12.1% share.

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Hydro technology contracts in Q2 2019: Top companies by capacity

The top issuers of contracts in Hydro technology for the quarter in terms of power capacity involved were:

  1. Agencia Nacional de Energia Eletrica, Brazil (Brazil): 81.31MW from five contracts
  2. AO ATC (Russia): 8.1MW from one contract
  3. Hydro-Quebec (Canada): 7.5MW capacity from one contract.

Hydro technology contracts in Q2 2019: Top winners by capacity

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

  1. Cemig Geracao e Transmissao (Brazil): 20.84MW from one contract
  2. Celesc Geracao (Brazil): 8.3MW from one contract
  3. EuroSibEnergo (Russia): 8.1MW 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.