The PGE Group and Ørsted have signed an agreement with Siemens Gamesa Renewable Energy to supply wind turbines for the Baltica 2 project, with a total capacity of about 1.5 GW. This is the largest renewable energy project ever implemented in Poland. Baltica 2 will produce green electricity to supply the demands of 2.4 million Polish households. Ørsted and PGE expect the Baltica 2 project to be launched by the end of 2027.
In addition to supplying 107 turbines with a capacity of 14 MW each, Siemens Gamesa will also be responsible for servicing them and supplying spare parts for five years after commissioning.
- We are implementing the largest project in the history of renewable energy in Poland. The agreement signed today is for the delivery of turbines for Baltica 2 with a capacity of about 1.5 GW, which is the largest investment being carried out in the Polish part of the Baltic Sea and one of the largest of its kind in the world. The PGE Group is responsible for ensuring Poland's energy security. We are consistently pursuing our strategy to create new green electricity sources for our country. By 2030, we intend to build about 2.5 GW of generation capacity in the Baltic Sea," said Wojciech Dąbrowski, President of the Management Board of PGE Polska Grupa Energetyczna.
- In light of the macroeconomic challenges, we are particularly proud to announce this important milestone for Baltica 2 - a project pioneering the offshore wind market in Poland, which will pave the way for Poland's energy transition towards green energy. I wanted to thank our partner PGE and the Polish government for their support, which made this possible," said Rasmus Errboe, Ørsted's President for Europe.
- The Baltica 2 agreement just signed strengthens the foundation for the successful construction of the offshore wind sector in Poland. The Baltic Sea offers tremendous opportunities for the industry to flourish in the coming years, and we are committed to its further development together with Poland and our partners," said Marc Becker, President of Siemens Gamesa for the offshore area.
More about the PGE Capital Group
PGE Polska Grupa Energetyczna is the largest electric power company and supplier of electricity and heat in Poland. By combining its own fuel and power generation resources and owning distribution networks, PGE guarantees secure and stable supplies of electricity and heat to more than 5 million customers. The PGE Group's generating units produce more than 40 percent of Poland's electricity. With a 7% share of the RES market in Poland. The PGE Group is the largest domestic producer of electricity from renewable sources. The plan for the coming years is to further develop renewable energy sources - in particular, based on wind and solar energy. PGE is a leader of change in the Polish energy industry. In its strategy, the PGE Group outlined the Group's transformation plan and path to decarbonizing generation, and announced the goal of achieving climate neutrality by 2050. The PGE Group's investment plan includes the country's largest offshore wind investments. PGE Group's Offshore Program calls for the construction of the Baltica Offshore Wind Farm, to be implemented in two phases - Baltica 2 and Baltica 3 - by 2030, with a total installed capacity of up to 2.5 GW. Then, after 2030, the Baltica 1 Wind Power Plant, with a capacity of about 0.9 GW, will join the Group's portfolio. According to the strategy, the PGE Group will build at least 6.5 GW of offshore generating capacity by 2040.
More about Ørsted
Ørsted's vision is a world based solely on renewable energy sources. Ørsted, which originated in Denmark, is today present in more than a dozen markets, ranging from the United States of America to European countries and Asia. Poland is one of the key markets for Ørsted, where the company has been operating for 10 years, currently employing nearly 300 people (more than 6,600 worldwide). The development of the Baltica Offshore Wind Farm, with a total capacity of up to 2.5 GW in the Polish part of the Baltic Sea, is part of Ørsted's recently updated ambition to reach 30 GW in offshore wind power by 2030. Ørsted, which has 30 years of experience in the implementation and development of offshore wind farms, currently has more than 12 GW of installed capacity in this technology worldwide. In addition to offshore wind farms, the company develops, builds and operates onshore wind farms, solar farms, energy storage and bioenergy plants, and supplies energy products to its customers. We were recognized as the world's most sustainable energy company in the Corporate Knights 2021 index, which brings together the 100 most sustainable corporations in the world. We are also listed on the CDP Climate Change A list as a global leader in climate action. In 2021, the group's revenue was DKK 77.7 billion (€10.4 billion).