There were 20 T&D equipment contracts announced in the Europe region in December 2019, marking a rise of 122% over the last 12-month average of 9, 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 December 2019 with 49 contracts and a 35.8% share, followed by Generation Equipment with 25 contracts and an 18.2% share and T&D Equipment with 20 contracts and a 14.6% share during the month.
The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Supply & Erection: 16 contracts and an 80% share
- Project Implementation: four contracts and a 20% share.
Thermal is top technology for Europe T&D equipment contracts in December 2019
Looking at T&D equipment contracts by the type of technology in the Europe region, thermal accounted for two contracts with a 66.7% share, followed by solar with one contract and a 33.3% 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.