Europe T&D equipment tenders activity down 21% in Q4 2019

28 February 2020 (Last Updated February 28th, 2020 11:54)

Europe T&D equipment tenders activity down 21% in Q4 2019

There were 63 T&D equipment tenders announced in the Europe region in Q4 2019, marking a drop of 21% over the last 12-month average of 80, 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 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. Supply & Erection: 56 tenders and an 88.9% share
  2. Repair, Maintenance, Upgrade & Others: five tenders and a 7.9% share
  3. Consulting & Similar Services: one tender and a 1.6% share
  4. Project Implementation: one tender and a 1.6% share.

Hydro is top technology for Europe T&D equipment tenders in Q4 2019

Looking at T&D equipment tenders by the type of technology in the Europe region, hydro accounted for four tenders with a 57.1% share, followed by wind with two tenders and a 28.6% share and solar with one tender and a 14.3% 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.