Generation equipment tenders down 10% in November 2019

16 December 2019 (Last Updated December 16th, 2019 07:28)

Generation equipment tenders down 10% in November 2019
Oil and gas companies are making moves into the UK energy market.

Generation equipment tenders in November 2019 saw 177 tenders announced, marking a drop of 10% over the last 12-month average of 196, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 113 tenders and a 63.8% share
  2. Repair, Maintenance, Upgrade & Others: 63 tenders and a 35.6% share
  3. Consulting & Similar Services: one tender and a 0.6% share.

Asia-Pacific leads generation equipment activity in November 2019

Comparing tenders activity in generation equipment segment in different regions of the globe, Asia-Pacific held the top position with 93 tenders and a share of 52.5% during November 2019, followed by North America with 50 tenders and a 28.2% share and Europe with 23 tenders and a 13% share.

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Thermal is leading technology for generation equipment tenders in November 2019

Among the technologies, thermal accounted for 157 tenders with an 89.7% share, followed by solar with seven tenders and a 4% share and nuclear with six tenders and a 3.4% share.

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.