Europe power industry tenders activity in Q3 2022 saw 25 tenders announced, marking a drop of 89% over the last four-quarter average of 236, according to GlobalData ‘s power database.

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Europe power industry tenders in Q3 2022: Hungary leads activity

Looking at tenders by country, Hungary led the activity in Q3 2022 with 11 tenders and a share of 44%, up 36.2% over the previous quarter and up 38% when compared with the last four-quarter average, followed by France with five tenders and a share of 20% and Switzerland with three tenders and a share of 12% during the quarter.

Looking at the last four-quarter average, Poland held the top spot with 98 tenders, followed by France with 24 and Germany with 16 tenders.

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Hydro is top technology area for tenders in Q3 2022

Looking at tenders divided by the type of technology, hydro accounted for the largest proportion with 14 tenders and a 56% share, followed by nuclear with 11 tenders and a 44% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, Power Plant was the most popular segment in Europe power tenders activity during Q3 2022, with 21 tenders, followed by Others (10) and Generation Equipment (3).

The proportion of tenders by category tracked by GlobalData in the quarter was as follows:

  1. Repair, Maintenance, Upgrade & Others: 14 tenders and a 56% share
  2. Others: ten tenders and a 40% share
  3. Supply & Erection: one tender and a 4% share.

Power tenders in Q3 2022: Top companies by capacity

The top issuer of tenders for the quarter in terms of power capacity involved in Europe was:Empresa de Electricidade da Madeira (Portugal) with 10.8MW from one tender.

All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.