Oil and gas companies are making moves into the UK energy market.

Smart grid tenders in April 2021 saw 25 tenders announced, marking a rise of 19% over the last 12-month average of 21, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 18 tenders and a 72% share
  2. Consulting & Similar Services: four tenders and a 16% share
  3. Repair, Maintenance, Upgrade & Others: three tenders and a 12% share.

Asia-Pacific leads smart grid activity in April 2021

Comparing tenders activity in smart grid segment in different regions of the globe, Asia-Pacific held the top position with nine tenders and a share of 36% during April 2021, followed by North America with seven tenders and a 28% share and Middle East and Africa with four tenders and a 16% share.

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Solar is leading technology for smart grid tenders in April 2021

Among the technologies, solar accounted for five tenders with a 62.5% share, followed by hydro with three tenders and a 37.5% 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.