There were 32 T&D equipment contracts announced in the Europe region in Q4 2021, marking a drop of 41% over the last four-quarter average of 54, according to GlobalData’s power industry contracts database.
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Power Plant stood at first place when compared with other power tender categories in the Europe region in Q4 2021 with 161 contracts and a 33.5% share, followed by Electricity Procurement with 151 contracts and a 31.5% share and Generation Equipment with 102 contracts and a 21.3% share during the quarter.
The proportion of contracts by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 29 contracts and a 90.6% share
- Project Implementation: two contracts and a 6.3% share
- Consulting & Similar Services: one contract and a 3.1% share.
Wind is top technology for Europe T&D equipment contracts in Q4 2021
Looking at T&D equipment contracts by the type of technology in the Europe region, wind accounted for 11 contracts with a 78.6% share, followed by biopower with one contract and a 7.1% share and hydro with one contract and a 7.1% share.
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All publicly-announced contracts 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 contracts are available for subscribers to GlobalData’s Power database.