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November 12, 2021

Power industry tenders in North America for October 2021 down 4%

North America power industry tenders activity in October 2021 saw 219 tenders announced, marking a drop of 4% over the last 12-month average of 227, according to GlobalData’s power database.

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North America power industry tenders in October 2021: The US leads activity

Looking at tenders by country, the US led the activity in October 2021 with 169 tenders and a share of 77.2%, down 2.7% over the previous month and down 7% when compared with the last 12 month-average, followed by Canada with 50 tenders and a share of 22.8%.

Looking at the last 12-month average, the US held the top spot with 182 tenders, followed by Canada with 44.

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Thermal is top technology area for tenders in October 2021

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 88 tenders and an 80% share, followed by solar with 14 tenders and a 12.7% share and hydro with five tenders and a 4.5% 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 October 2021, with 94 tenders, followed by Generation Equipment (87) and Energy Storage (15).

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

  1. Supply & Erection: 152 tenders and a 69.4% share
  2. Repair, Maintenance, Upgrade & Others: 49 tenders and a 22.4% share
  3. Project Implementation: 12 tenders and a 5.5% share
  4. Electricity Supply: two tenders and a 0.9% share
  5. Power Purchase Agreement: two tenders and a 0.9% share
  6. Consulting & Similar Services: one tender and a 0.5% share
  7. Others: one tender and a 0.5% share.

Power tenders in October 2021: Top companies by capacity

The top issuers of tenders for the month in terms of power capacity involved in North America were:

  1. Delmarva Power & Light (United States): 552MW from one tender
  2. Potomac Electric Power (United States): 407MW from one tender
  3. DTE Energy (United States): 20MW capacity 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.

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