Power industry tenders in Europe for Q3 2019 down 32%

6 December 2019 (Last Updated December 6th, 2019 10:37)

Power industry tenders in Europe for Q3 2019 down 32%

Europe power industry tenders activity in Q3 2019 saw 202 tenders announced, marking a drop of 32% over the last four-quarter average of 296, according to GlobalData’s power database.

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Europe power industry tenders in Q3 2019: Poland leads activity

Looking at tenders by country, Poland led the activity in Q3 2019 with 75 tenders and a share of 37.1%, up 3.1% over the previous quarter and down 31% when compared with the last four-quarter average, followed by Germany with 14 tenders and a share of 6.9% and Russian Federation with nine tenders and a share of 4.5% during the quarter.

Looking at the last four-quarter average, Poland held the top spot with 109 tenders, followed by Germany with 20 and Russian Federation with 15 tenders.

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Thermal is top technology area for tenders in Q3 2019

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 31 tenders and a 39.2% share, followed by solar with 18 tenders and a 22.8% share and wind with 15 tenders and a 19% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment in Europe power tenders activity during Q3 2019, with 75 tenders, followed by T&D Project (54) and Generation Equipment (35).

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

  1. Supply & Erection: 100 tenders and a 49.5% share
  2. Project Implementation: 53 tenders and a 26.2% share
  3. Repair, Maintenance, Upgrade & Others: 29 tenders and a 14.4% share
  4. Electricity Supply: nine tenders and a 4.5% share
  5. Consulting & Similar Services: eight tenders and a 4% share
  6. Power Purchase Agreement: three tenders and a 1.5% share.

Power tenders in Q3 2019: Top companies by capacity

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

  1. Urzad Regulacji Energetyki (Poland): 2,500MW from one tender
  2. Energinet Eltransmission (Denmark): 1,000MW from one tender
  3. The Regulatory Authority for Energy (Greece): 512.56MW 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.