Europe electricity procurement tenders activity down 8% in Q4 2019

There were 22 electricity procurement tenders announced in the Europe region in Q4 2019, marking a drop of 8% over the last 12-month average of 24, according to GlobalData’s power industry tenders database.

T&D Project stood at first place when compared with other power tender categories in the Europe region in Q4 2019 with 82 tenders and a 30.4% share, followed by T&D Equipment with 63 tenders and a 23.3% share and Generation Equipment with 56 tenders and a 20.7% share during the quarter.

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

1. Electricity Supply: 19 tenders and an 86.4% share
2. Power Purchase Agreement: three tenders and a 13.6% share.

Biopower is top technology for Europe electricity procurement tenders in Q4 2019

Looking at electricity procurement tenders by the type of technology in the Europe region, biopower accounted for 11 tenders with a 34.4% share, followed by wind with eight tenders and a 25% share and solar with seven tenders and a 21.9% share.

Europe electricity procurement tenders in Q4 2019: Top companies by capacity

The top issuer of electricity procurement tenders for the quarter in terms of power capacity involved in Europe was:Bundesnetzagentur (Germany) with 1,000MW from two tenders.

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.