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June 22, 2022

Power industry tenders in North America for May 2022 down 78%

By Carmen

North America power industry tenders activity in May 2022 saw 37 tenders announced, marking a drop of 78% over the last 12-month average of 170, according to GlobalData’s power database.

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North America power industry tenders in May 2022: The US leads activity

Looking at tenders by country, the US led the activity in May 2022 with 37 tenders and a share of 100%, a flat growth over the previous month and down 72% when compared with the last 12 month-average.

Looking at the last 12-month average, the US held the top spot with 134 tenders, followed by Canada with 35.

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Thermal is top technology area for tenders in May 2022

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with three tenders and a 100% share.

Looking at power industry tenders divided by segment in North America as tracked by GlobalData, T&D Equipment was the most popular segment in May 2022, with 33 tenders, followed by Generation Equipment (3) and T&D Project (1).

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

  1. Supply & Erection: 31 tenders and an 83.8% share
  2. Repair, Maintenance, Upgrade & Others: six tenders and a 16.2% share.

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.

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