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

Hydro technology contracts activity in Q1 2020 saw 44 contracts announced, marking a rise of 13% over the last four-quarter average of 39, according to GlobalData’s power industry contracts database.

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Looking at global power contracts activity divided by the type of technology, hydro held the fourth position in terms of number of contracts during Q1 2020 with a 5.8% share.

The proportion of contracts by category in the Hydro technology tracked by GlobalData in the quarter was as follows:

  1. Power Purchase Agreement: 12 contracts and a 27.3% share
  2. Project Implementation: nine contracts and a 20.5% share
  3. Supply & Erection: nine contracts and a 20.5% share
  4. Repair, Maintenance, Upgrade & Others: six contracts and a 13.6% share
  5. Consulting & Similar Services: six contracts and a 13.6% share
  6. Electricity Supply: two contracts and a 4.5% share.

Asia-Pacific leads hydro contracts activity in Q1 2020

Comparing contracts activity in hydro technology in different regions of the globe, Asia-Pacific held the top position with 17 contracts and a share of 38.6% during Q1 2020, followed by Europe with 13 contracts and a 29.5% share and North America with seven contracts and a 15.9% share.

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In fourth place was Middle East and Africa with four contracts and a 9.1% share and in fifth place was South and Central America with three contracts and a 6.8% share.

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Hydro technology contracts in Q1 2020: Top companies by capacity

The top issuers of contracts in Hydro technology for the quarter in terms of power capacity involved were:

  1. Electricite Du Cambodge (Cambodia): 195MW from one contract
  2. Philippines Department of Energy (Philippines): 120MW from one contract
  3. Teck Resources (Canada): 118MW capacity from one contract.

Hydro technology contracts in Q1 2020: Top winners by capacity

The top winners of contracts for the quarter in terms of power capacity involved were:

  1. China Gezhouba Group International Engineering (China): 1,000MW from one contract
  2. Electricite du Laos (Laos): 195MW from one contract
  3. First Gen Hydro Power (Philippines): 120MW capacity from one contract.

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.