Power industry tenders in Europe for Q1 2020 down 27%

26 April 2020 (Last Updated April 21st, 2020 16:29)

Power industry tenders in Europe for Q1 2020 down 27%

Europe power industry tenders activity in Q1 2020 saw 186 tenders announced, marking a drop of 27% over the last four-quarter average of 255, according to GlobalData’s power database.

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Europe power industry tenders in Q1 2020: Poland leads activity

Looking at tenders by country, Poland led the activity in Q1 2020 with 78 tenders and a share of 41.9%, up 0.5% over the previous quarter and down 10% when compared with the last four-quarter average, followed by Germany with 14 tenders and a share of 7.5% and the UK with nine tenders and a share of 4.8% during the quarter.

Looking at the last four-quarter average, Poland held the top spot with 87 tenders, followed by Germany with 25 and France with 12 tenders.

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Thermal is top technology area for tenders in Q1 2020

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 34 tenders and a 43% share, followed by solar with 19 tenders and a 24.1% share and hydro with 11 tenders and a 13.9% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Project was the most popular segment in Europe power tenders activity during Q1 2020, with 62 tenders, followed by T&D Equipment (37) and Power Plant (37).

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

  1. Project Implementation: 81 tenders and a 43.5% share
  2. Supply & Erection: 51 tenders and a 27.4% share
  3. Repair, Maintenance, Upgrade & Others: 33 tenders and a 17.7% share
  4. Electricity Supply: ten tenders and a 5.4% share
  5. Consulting & Similar Services: nine tenders and a 4.8% share
  6. Power Purchase Agreement: two tenders and a 1.1% share.

Power tenders in Q1 2020: Top companies by capacity

The top issuers of tenders for the quarter in terms of power capacity involved in Europe were:

  1. The Regulatory Authority for Energy (Greece): 600MW from one tender
  2. Government of the Republic of North Macedonia: 333MW from one tender
  3. Elektroprivreda Republike Srpske (Bosnia and Herzegovina): 148MW capacity 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.