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

T&D project contracts in Q4 2021 saw 112 contracts announced, marking a drop of 1% over the last four-quarter average of 113, according to GlobalData’s power industry contracts database.

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

  1. Project Implementation: 82 contracts and a 73.2% share
  2. Consulting & Similar Services: 20 contracts and a 17.9% share
  3. Repair, Maintenance, Upgrade & Others: ten contracts and an 8.9% share.

Asia-Pacific leads T&D project activity in Q4 2021

Comparing contracts activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 47 contracts and a share of 42% during Q4 2021, followed by Middle East and Africa with 34 contracts and a 30.4% share and Europe with 19 contracts and a 17% share.

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Wind is leading technology for T&D project contracts in Q4 2021

Among the technologies, wind accounted for 19 contracts with a 55.9% share, followed by solar with 12 contracts and a 35.3% share and thermal with two contracts and a 5.9% share.

T&D project contracts in Q4 2021: Top companies by capacity

The top issuers of T&D project contracts for the quarter in terms of power capacity involved were:

  1. Kuopion Energia (Finland), Kymppivoima (Finland) and Oulun Energia Siirto ja Jakelu (Finland): 455MW from one contract
  2. Mines and Metals Development Investment: 366MW from one contract
  3. China Shenhua International Engineering (China): 129.97MW capacity from one contract.

T&D project contracts in Q4 2021: Top winners by capacity

The top winners of contracts for the quarter in terms of power capacity involved were:

  1. OX2 Finland (Finland): 455MW from one contract
  2. Power Construction Corporation of China (China): 400MW from one contract
  3. MAPNA Group (Iran): 366MW capacity from one contract.

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.