Poland’s Energy Regulatory Office (ERO) has announced that Equinor and Polenergia’s Bałtyk II and Bałtyk III projects were awarded contracts for difference (CfD) under the first phase of Poland’s offshore wind development scheme. The projects, with a combined potential capacity of 1440 MW, are among the first to secure offshore wind awards in Poland.
The award from ERO confirms the projects’ inclusion in the first phase of Poland’s offshore wind development plan, contributing significantly to Poland’s energy transition and the development of the local offshore wind supply chain.
The CfDs are awarded at PLN319.60 (US$85.4) per MWh for up to 25 years, subject to some adjustments and final approval from Polish authorities and the European Commission.
With a combined capacity of 1440 MW, Bałtyk II and Bałtyk III could generate enough renewable offshore wind energy to power two million Polish homes. They are among the largest offshore wind projects currently under development in Poland.
Pending all necessary agreements and permits, and subject to the final investment decision from Equinor and Polenergia, construction work could commence as early as 2024.
