Europe power plant tenders activity down 43% in Q3 2019

1 December 2019 (Last Updated November 29th, 2019 09:23)

Europe power plant tenders activity down 43% in Q3 2019

There were 23 power plant tenders announced in the Europe region in Q3 2019, marking a drop of 43% over the last 12-month average of 40, according to GlobalData’s power industry tenders database.

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T&D Equipment stood at first place when compared with other power tender categories in the Europe region in Q3 2019 with 75 tenders and a 36.6% share, followed by T&D Project with 54 tenders and a 26.3% share and Generation Equipment with 35 tenders and a 17.1% share during the quarter.

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

  1. Project Implementation: 16 tenders and a 69.6% share
  2. Consulting & Similar Services: six tenders and a 26.1% share
  3. Repair, Maintenance, Upgrade & Others: one tender and a 4.3% share.

Solar is top technology for Europe power plant tenders in Q3 2019

Looking at power plant tenders by the type of technology in the Europe region, solar accounted for 11 tenders with a 42.3% share, followed by wind with eight tenders and a 30.8% share and thermal with six tenders and a 23.1% share.

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Europe power plant tenders in Q3 2019: Top companies by capacity

The top issuers of power plant 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. Electricity Supply Board (Ireland): 350MW capacity from one tender.

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.