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October 26, 2021

Power industry tenders in North America for Q3 2021 up 5%

North America power industry tenders activity in Q3 2021 saw 719 tenders announced, marking a rise of 5% over the last four-quarter average of 686, according to GlobalData’s power database.

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North America power industry tenders in Q3 2021: The US leads activity

Looking at tenders by country, the US led the activity in Q3 2021 with 579 tenders and a share of 80.5%, up 3.3% over the previous quarter and up 3% when compared with the last four-quarter average, followed by Canada with 139 tenders and a share of 19.3% and Puerto Rico with one tender and a share of 0.1% during the quarter.

Looking at the last four-quarter average, the US held the top spot with 560 tenders, followed by Canada with 125 and Puerto Rico with one tender.

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Thermal is top technology area for tenders in Q3 2021

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 274 tenders and an 80.4% share, followed by solar with 56 tenders and a 16.4% share and hydro with eight tenders and a 2.3% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment in North America power tenders activity during Q3 2021, with 295 tenders, followed by Generation Equipment (278) and Power Plant (45).

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

  1. Supply & Erection: 514 tenders and a 71.5% share
  2. Repair, Maintenance, Upgrade & Others: 131 tenders and an 18.2% share
  3. Project Implementation: 49 tenders and a 6.8% share
  4. Consulting & Similar Services: 14 tenders and a 1.9% share
  5. Power Purchase Agreement: nine tenders and a 1.3% share
  6. Electricity Supply: one tender and a 0.1% share
  7. Others: one tender and a 0.1% share.

Power tenders in Q3 2021: Top companies by capacity

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

  1. Public Service Company of Oklahoma (United States): 3,950MW from two tenders
  2. Nova Scotia Power (Canada): 350MW from one tender
  3. Ormat Nevada (United States): 26MW 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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