Generation equipment tenders down 51% in September 2019

21 October 2019 (Last Updated October 21st, 2019 12:37)

Generation equipment tenders down 51% in September 2019
Oil and gas companies are making moves into the UK energy market.

Generation equipment tenders in September 2019 saw 99 tenders announced, marking a drop of 51% over the last 12-month average of 202, 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: 70 tenders and a 70.7% share
  2. Repair, Maintenance, Upgrade & Others: 29 tenders and a 29.3% share.

Asia-Pacific leads generation equipment activity in September 2019

Comparing tenders activity in generation equipment segment in different regions of the globe, Asia-Pacific held the top position with 65 tenders and a share of 65.7% during September 2019, followed by Middle East and Africa with 17 tenders and a 17.2% share and Europe with 12 tenders and a 12.1% share.

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Thermal is leading technology for generation equipment tenders in September 2019

Among the technologies, thermal accounted for 90 tenders with a 90.9% share, followed by hydro with four tenders and a 4% share and nuclear with three tenders and a 3% 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.