Europe T&D project tenders activity down 37% in Q3 2019

4 December 2019 (Last Updated December 4th, 2019 05:48)

Europe T&D project tenders activity down 37% in Q3 2019

There were 54 T&D project tenders announced in the Europe region in Q3 2019, marking a drop of 37% over the last 12-month average of 86, 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: 37 tenders and a 68.5% share
  2. Repair, Maintenance, Upgrade & Others: 15 tenders and a 27.8% share
  3. Consulting & Similar Services: two tenders and a 3.7% share.

Wind is top technology for Europe T&D project tenders in Q3 2019

Looking at T&D project tenders by the type of technology in the Europe region, wind accounted for one tender with a 100% 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.