North America T&D equipment tenders activity up 96% in Q2 2020

24 August 2020 (Last Updated August 24th, 2020 15:21)

North America T&D equipment tenders activity up 96% in Q2 2020
Oil and gas companies are making moves into the UK energy market.

There were 323 T&D equipment tenders announced in the North America region in Q2 2020, marking a rise of 96% over the last 12-month average of 165, 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 North America region in Q2 2020 with 323 tenders and a 47.1% share, followed by Generation Equipment with 249 tenders and a 36.3% share and Energy Storage with 45 tenders and a 6.6% share during the quarter.

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

  1. Supply & Erection: 309 tenders and a 95.7% share
  2. Repair, Maintenance, Upgrade & Others: 14 tenders and a 4.3% share.

Hydro is top technology for North America T&D equipment tenders in Q2 2020

Looking at T&D equipment tenders by the type of technology in the North America region, hydro accounted for eight tenders with an 80% share, followed by thermal with one tender and a 10% share and wind with one tender and a 10% 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.