Oil and gas companies are making moves into the UK energy market.

T&D project tenders in March 2022 saw 24 tenders announced, marking a drop of 74% over the last 12-month average of 93, 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. Project Implementation: 11 tenders and a 45.8% share
  2. Consulting & Similar Services: eight tenders and a 33.3% share
  3. Repair, Maintenance, Upgrade & Others: five tenders and a 20.8% share.

 

Europe leads T&D project activity in March 2022

 

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Comparing tenders activity in T&D project segment in different regions of the globe, Europe held the top position with 11 tenders and a share of 45.8% during March 2022, followed by Middle East and Africa with six tenders and a 25% share and South and Central America with four tenders and a 16.7% share.

 
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Solar is leading technology for T&D project tenders in March 2022

 

Among the technologies, solar accounted for one tender with a 100% 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.