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

Smart grid tenders in March 2021 saw 28 tenders announced, marking a rise of 56% over the last 12-month average of 18, 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: 24 tenders and an 85.7% share
  2. Repair, Maintenance, Upgrade & Others: three tenders and a 10.7% share
  3. Project Implementation: one tender and a 3.6% share.

North America leads smart grid activity in March 2021

Comparing tenders activity in smart grid segment in different regions of the globe, North America held the top position with 11 tenders and a share of 39.3% during March 2021, followed by Asia-Pacific with nine tenders and a 32.1% share and Europe with four tenders and a 14.3% share.

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Solar is leading technology for smart grid tenders in March 2021

Among the technologies, solar accounted for one tender with a 100% share.

Smart grid tenders in March 2021: Top issuers by capacity

The top issuer of smart grid tenders for the month in terms of power capacity involved was:Housing & Development Board (Singapore) with 70MW 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.