Europe T&D equipment tenders activity down 49% in Q1 2020

29 April 2020 (Last Updated April 29th, 2020 15:23)

Europe T&D equipment tenders activity down 49% in Q1 2020

There were 37 T&D equipment tenders announced in the Europe region in Q1 2020, marking a drop of 49% over the last 12-month average of 72, according to GlobalData’s power industry tenders database.

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T&D Project stood at first place when compared with other power tender categories in the Europe region in Q1 2020 with 62 tenders and a 32.5% share, followed by T&D Equipment with 37 tenders and a 19.4% share and Power Plant with 37 tenders and a 19.4% share during the quarter.

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

  1. Supply & Erection: 33 tenders and an 89.2% share
  2. Project Implementation: two tenders and a 5.4% share
  3. Repair, Maintenance, Upgrade & Others: one tender and a 2.7% share
  4. Consulting & Similar Services: one tender and a 2.7% share.

Thermal is top technology for Europe T&D equipment tenders in Q1 2020

Looking at T&D equipment tenders by the type of technology in the Europe region, thermal accounted for three tenders with a 75% share, followed by wind with one tender and a 25% share.

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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.