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  1. Market Data
October 11, 2019

Global power industry tenders in Q3 2019: Thermal technology down 32%

Thermal technology tenders activity in Q3 2019 saw 396 tenders announced, marking a drop of 32% over the last four-quarter average of 581, according to GlobalData’s power industry tenders database.

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Oil was the top category in thermal technology in terms of number of tenders for the quarter, accounting for 307 tenders and a 79.3% share, followed by Coal with 45 tenders and an 11.6% share. Gas stood in third place with 35 tenders and a 9% share.

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Looking at global power tenders activity divided by the type of technology, thermal held the top position in terms of number of tenders during Q3 2019 with a 47.9% share.

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

  1. Supply & Erection: 246 tenders and a 62.1% share
  2. Repair, Maintenance, Upgrade & Others: 136 tenders and a 34.3% share
  3. Project Implementation: 11 tenders and a 2.8% share
  4. Consulting & Similar Services: three tenders and a 0.8% share.

Asia-Pacific leads thermal tenders activity in Q3 2019

Comparing tenders activity in thermal technology in different regions of the globe, Asia-Pacific held the top position with 256 tenders and a share of 64.6% during Q3 2019, followed by North America with 65 tenders and a 16.4% share and Middle East and Africa with 44 tenders and an 11.1% share.

In fourth place was Europe with 31 tenders and a 7.8% share.

Thermal technology tenders in Q3 2019: Top companies by capacity

The top issuers of tenders in Thermal technology for the quarter in terms of power capacity involved were:

  1. Ministry of Energy and Water, Lebanon (Lebanon): 1,500MW from one tender
  2. Electricity Supply Board (Ireland): 350MW from one tender
  3. Kogeneracja (Poland): 180MW 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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