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

T&D equipment contracts in November 2019 saw 23 contracts announced, marking a rise of 53% over the last 12-month average of 15, according to GlobalData’s power industry contracts database.

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

  1. Supply & Erection: 20 contracts and an 87% share
  2. Project Implementation: two contracts and an 8.7% share
  3. Consulting & Similar Services: one contract and a 4.3% share.

Europe leads T&D equipment activity in November 2019

Comparing contracts activity in T&D equipment segment in different regions of the globe, Europe held the top position with 15 contracts and a share of 65.2% during November 2019, followed by Asia-Pacific with five contracts and a 21.7% share and South and Central America with two contracts and an 8.7% share.

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Wind is leading technology for T&D equipment contracts in November 2019

Among the technologies, wind accounted for 12 contracts with a 70.6% share, followed by solar with two contracts and an 11.8% share and thermal with two contracts and an 11.8% share.

All publicly-announced contracts 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 contracts are available for subscribers to GlobalData’s Power database.