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Smart grid tenders up 25% in December 2020

18 Jan 2021 (Last Updated January 18th, 2021 08:40)

Smart grid tenders up 25% in December 2020
Oil and gas companies are making moves into the UK energy market.

Smart grid tenders in December 2020 saw 20 tenders announced, marking a rise of 25% over the last 12-month average of 16, 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: 14 tenders and a 70% share
  2. Repair, Maintenance, Upgrade & Others: four tenders and a 20% share
  3. Project Implementation: two tenders and a 10% share.

North America leads smart grid activity in December 2020

Comparing tenders activity in smart grid segment in different regions of the globe, North America held the top position with eight tenders and a share of 40% during December 2020, followed by Europe with six tenders and a 30% share and Asia-Pacific with four tenders and a 20% share.

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Solar is leading technology for smart grid tenders in December 2020

Among the technologies, solar accounted for two tenders with a 66.7% share, followed by thermal with one tender and a 33.3% 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.