The European Commission has launched 4 calls for public feedback on different secondary legislation relating to the Net-Zero Industry Act (NZIA) Regulation 2024/1735. In the form of 3 implementing regulations and 1 delegated regulation, these rules are aimed at supporting the NZIA’s objective of creating a regulatory framework that boosts the competitiveness of EU industry and advances [...]
On the 24th of January, the Baltic Energy Ministers and the Polish State Secretary met in Riga to discuss the final steps related to the preparation for the joint synchronisation of the Baltic States. At the meeting, Ministers confirmed their commitment to infrastructure and resilience measures by signing a joint letter to the European Commission, [...]
Renewables Finland has unveiled ambitious targets to expand offshore wind capacity, setting milestones of 1 gigawatt (GW) by 2030, 7 GW by 2035, 16 GW by 2040, and 24 GW by 2045. Currently, Finland has only 44 megawatts of installed offshore wind capacity. These targets, proposed by Renewables Finland’s offshore wind committee, reflect industry forecasts [...]
The Lithuanian Ministry of Energy has proposed temporarily halting the ongoing tender process for an offshore wind farm to reassess the terms and conditions of the tender. This move aims to minimize the potential impact on electricity prices for consumers once the project is implemented. A draft Government resolution to this effect has been prepared [...]
Early on January 26th, the submarine optical fiber cable in the Baltic Sea belonging to SJSC Latvia State Radio and Television Center (hereinafter – LVRTC) was damaged. LVRTC’s Data Transmission Monitoring System detected disruptions in data transmission services on the Ventspils–Gotland (Fårösund) segment. LVRTC continues to provide services via alternative data transmission routes. Currently, there [...]
A ceremony was held yesterday to mark the completion of two power substations. Participants in the event were able to admire both structures on the Baltic Industrial Group's quay in Gdynia - complete and ready for loading onto a specialised barge. The Baltic Industrial Group (Grupa Przemysłowa Baltic GPB) - as heir to the heritage [...]
Oxan Energy, French-based offshore wind developer, won the first Estonian floating offshore wind tender. Together with its partner SNOW, Oxan Energy will develop the ‘Saare 1’ project which has a potential capacity of 900 MW. The Estonian authorities have tendered the zone of Saare 1, located 60 km off the coast of the largest Estonian [...]
22 January 2025. - The National Fund for Environmental Protection and Water Management (NFOŚiGW) has granted Crist shipyard in Gdynia a loan of almost PLN 53 million for the construction of an innovative production line. This will be the first project of its kind in the offshore wind energy sector in Poland, with funding coming [...]
The Lithuanian Ministry of Energy has proposed a temporary suspension of the ongoing offshore wind farm auction. The pause would allow for a review of the auction’s terms to ensure minimal impact on electricity prices for end-users. A draft resolution outlining these changes has been submitted for governmental and institutional consideration. Given that the auction [...]
Enefit Green and AFRY signed a contract to deliver the Front-End Engineering Design (FEED) services for the 1GW Liivi Bay offshore wind farm in Estonia. Johann-Gustav Lend, Head of Offshore Wind Energy at Enefit Green, noted that company is pleased to strengthen its collaboration with AFRY as Enefit Green advances the development of the Liivi [...]
On 6-7 May 2025, the Future Energy Congress, organised by the ‘With Energy About Law’ ["Z energią o prawie"] Association, will be held for the fourth time in Toruń. This is an event that attracts key experts, leaders and innovators of the energy sector. The city of Copernicus will become an arena for inspiring debates [...]
Ørsted presents an operating profit (EBITDA) for 2024 based on preliminary and unaudited reporting. EBITDA excluding new partnership agreements and cancellation fees is expected to total DKK 24.8 billion in 2024, in line with the latest guidance. The operational earnings from Offshore and Onshore were the main contributors and delivered in line with the company's [...]
The Consumer Protection and Technical Regulatory Authority (CPTRA) has announced plans to initiate the superficies license procedure for an offshore wind farm in the Saare 7 area. Located approximately 11 kilometers west of Saaremaa, this site has been identified as suitable for wind energy development under Estonia’s maritime spatial plan. Details of the Proposed Project [...]
The European Commission has unveiled an independent study offering a detailed snapshot of the net-zero manufacturing landscape across the EU, focusing on renewable energy technologies, including wind. As the EU strives to maintain its leadership in wind energy production, the study sheds light on key advancements, existing challenges, and areas of opportunity within both onshore [...]
Baltic Power has announced in a press release the appointment of Kamil Kobyliński to the company's Board of Directors as a Board Member. He replaces Jarosław Broda in this role. Kamil Kobyliński is an experienced manager and energy industry expert with over 20 years of experience. He is a former member of the management boards [...]
NATO Secretary General, Mark Rutte co-hosted a Summit of Baltic Sea Allies on Tuesday (14 January 2025), along with President Alexander Stubb of Finland and Prime Minister Kristen Michal of Estonia. At the meeting in Helsinki, Mr Rutte announced the launch of a new military activity by NATO to strengthen the protection of critical infrastructure. [...]
The Baltic Sea has become a critical focal point for addressing two interconnected global challenges: achieving energy independence and combating climate change while protecting fragile marine ecosystems. As countries bordering the Baltic Sea ramp up efforts to transition to renewable energy through large-scale offshore wind projects and grid infrastructure, the need to balance these developments [...]
The Industrial Development Agency S.A. (ARP), together with ARP TFI S.A., are taking steps to mobilise institutional capital, Polish and foreign, for the energy transition in Poland, through the creation of the Polish Green Fund. The mission of the Polish Green Fund (PZF) is to support the change of the Polish economy towards green transformation [...]
The Lithuanian government has taken swift action to enhance the protection of its energy infrastructure in preparation for the country's synchronization with the continental European electricity grid. This strategic move is critical not only for energy security but also for national defense. A key decision involves accelerating the physical security measures for the “LitPol Link” [...]
Responding to urgent needs of the region, the European Commission has appointed expert Catharina Sikow-Magny as European Coordinator for the Baltic Synchronisation projects of common interest – the project to fully integrate Estonia, Latvia and Lithuania into the continental EU electricity network. These 3 countries remain the last EU countries synchronised with networks of [...]
PGE Baltica from the PGE Group has selected a company that will perform of the tasks of a contract engineer for the construction of an operational and maintenance base in Ustka. In the resolved tender, the most advantageous offer was submitted by Sweco Polska. - We are getting closer to starting construction work on our [...]
Wind energy was 20% of all the electricity consumed in Europe. But Europe is not building enough new wind farms. The EU built only 13 GW last year, well below the 30 GW a year it needs to meet its 2030 energy targets. There are 3 problems: (a) most Governments are not applying the new [...]
ORLEN Group, in response to the global energy transition challenges, has announced an ambitious renewable energy target of 12.8 GW of installed capacity by 2035. A key element of this strategy is the development of offshore wind power, with ORLEN Group stepping up its offshore operations. Thanks to the ORLEN Neptun project, Poland will become [...]
What an intensive year it has been for PGE Baltica. The Baltica 2 project – developed by PGE and Ørsted – has completed a portfolio of key component and installation services for this offshore wind farm. The construction works for the onshore part of the project are underway. At the same time PGE Baltica has [...]
Vårgrønn, a Norway-based offshore wind company, has completed its acquisition of a 27.4% stake in the operational Baltic 2 offshore wind farm, marking a significant milestone in the company’s growth strategy. This move strengthens Vårgrønn's presence in the renewable energy sector and provides the company with essential operational experience in the fast-growing offshore wind market. [...]
The Maritime University of Szczecin and the Marshal's Office of the West Pomeranian Region invite you to take part in the fifth edition of the Trends and Visions for Offshore Wind Energy Development' competition. The competition is aimed at secondary school pupils, students and PhD students. Competition entries can be submitted until 21 February 2025. [...]
Equinor and Polenergia have presented a summary of their offshore wind farm activities in the Baltic in 2024, and announced details of their plans for 2025. The Bałtyk 2, Bałtyk 3 and Bałtyk 1 projects are entering key implementation phases and 2025 promises to be a period of intense construction and operational activities. Progress on [...]
The countdown has begun for the Baltic Sea Offshore Wind Summit 2025, scheduled for March 10th, 2025, at the European Solidarity Centre in Gdańsk, Poland. With offshore wind energy gaining momentum across the Baltic region, the summit promises to be a pivotal event, bringing together key players to tackle pressing challenges and explore new opportunities [...]
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of EEW Offshore Wind EU by EEW Holding, both of Germany, and Sumitomo of Japan. The transaction relates primarily to the manufacturing of large steel tubes used in the construction of offshore wind farms. The Commission concluded that the notified [...]
European Commission and the High Representative released joint statement on the Investigation into Damaged Electricity and Data Cables in the Baltic Sea. Incident involving undersea cables in the Baltic Sea of December 25th is the latest in a series of suspected attacks on critical infrastructure. We commend the Finnish authorities for their swift action in [...]
During the Christmas holidays, the EstLink 2 cable linking Finland and Estonia was damaged, restricting the ability to import cheaper energy from the Nordic countries to the Baltic region. As a result, electricity prices in the Baltic countries, including Lithuania, recorded an increase, although the Christmas period helped to mitigate the effect somewhat. According to [...]
NKT has been awarded two turnkey projects in Germany under the existing multi-year framework agreement with TenneT, a Dutch-German transmission system operator. These projects are part of TenneT's ambitious 2GW Program, which is considered one of the most significant infrastructure initiatives in Europe's energy transition. TenneT has selected NKT to provide 525 kV XLPE high-voltage [...]
NATO Foreign Ministers concluded two days of meetings in Brussels in December, focusing on countering Russia’s escalating hostile actions and safeguarding the Alliance's security. The discussions underscored NATO's commitment to addressing Russian sabotage, cyber-attacks, and energy blackmail, which have targeted NATO countries and destabilized global security. Secretary General Mark Rutte highlighted that Russia and its [...]
Lithuania's Ministry of Energy has assured the public that the disruption of the "EstLink 2" power cable between Estonia and Finland has no impact on the stability of the Lithuanian electricity system. Electricity supply to consumers is fully secured, and there are no significant effects on electricity prices. Energy officials from Lithuania, Latvia, Estonia, and [...]
The EU adopted a set of conservation measures to strengthen the environmental protection of five Natura 2000 sites in the German Exclusive Economic Zone (EEZ) of the Baltic Sea in December. The initiative, put forward by Germany and agreed by all Baltic EU countries, prohibits fishing with mobile bottom contacting gears in areas of the Fehmarnbelt, Kadetrinne [...]
On 19 December 2024, the President of the Republic approved the Act on Offshore Wind Power in the Exclusive Economic Zone. The Act will help promote offshore wind power in Finnish exclusive economic zone, clarify the regulation of offshore wind power projects within the zone and ensure that the rights to the exploitation of offshore [...]
WindEurope assesses the first anniversary of the EU Wind Charter. The Charter committed 26 EU Governments, the EU Commission, and the European wind industry to implement the 15 measures set out in the European Wind Power Package to strengthen Europe’s wind industry. In her 2023 State of the European Union speech, Ursula von der Leyen [...]
Iberdrola Germany and SCHWENK Zement GmbH & Co. KG have entered into a long-term cooperation agreement for the supply of green electricity from the Windanker offshore wind farm, currently under construction in the Baltic Sea. The agreement will provide SCHWENK with 1,500 GWh of green electricity over the duration of the contract. This supply will [...]
The decarbonisation agenda is a pressing priority for governments worldwide, and the Baltic Sea region is emerging as a critical area for renewable energy development, particularly offshore wind. In April 2024, eight countries bordering the Baltic Sea – Lithuania, Denmark, Estonia, Finland, Germany, Latvia, Poland, and Sweden – signed the Vilnius Declaration, pledging to collaborate [...]
TotalEnergies acquires a majority stake in the two Danish offshore wind projects Jammerland Bay and Lillebælt South from European Energy and SONFOR. The projects have received construction permits from the Danish Energy Agency, giving the green light for the construction of the two offshore wind farms. TotalEnergies acquires 85% of the share capital in the [...]
Europe wants to build lots more renewables to strengthen its energy security and industrial competitiveness. The geopolitical situation poses new questions around the security of these assets. At its Annual Roundtable on Energy Security NATO confirmed its determination to protect critical energy infrastructure. The war in Ukraine has radically changed the threat landscape across Europe, [...]
EU countries have updated their goals for the deployment of offshore renewable energy up to 2050 in each of the EU’s 5 sea basins, with intermediate objectives to be achieved by 2030 and 2040. At an online meeting of the Directors-General of the Ministries of Energy in the respective countries today, non-binding agreements were reached [...]
Lithuanian electricity transmission system operator Litgrid has announced the procurement of design services for the land-based segment of the „Harmony Link“ electricity interconnection with Poland. The project will involve key technical decisions and the design of critical infrastructure in Lithuania, including a 220 kV transmission line and the Gižai transformer substation. “By initiating the procurement [...]
Bank Gospodarstwa Krajowego and Polenergia S.A. have signed a loan agreement from NRP funds for the construction of offshore wind farms. The financing will amount to PLN 750 million and will be used to build two wind farms with a total capacity of 1440 MW. On 18 December 2024, Bank Gospodarstwa Krajowego and Polenergia S.A. [...]
The world will need 532,000 new wind technicians by 2028 to meet the increasing demand for onshore and offshore wind, according to the Global Wind Workforce Outlook, a new report from the Global Wind Energy Council and Global Wind Organisation. The report finds that 40% of those roles will need to be filled by new entrants, [...]
The Commission has published the first projects that were awarded a Strategic Technologies for Europe Platform (STEP) Seal, a quality label which gives more visibility to promising projects in clean and resource-efficient tech, and deep and digital tech. This label will help attract additional EU public and private funding and support services. The first 130 projects [...]
The Swedish Wind Energy Association (Svensk Vindenergi) has given a negative assessment of the proposals outlined in the offshore wind report submitted to the Swedish government by a special committee. The association points to the lack of solutions for projects that are already in the permitting process and doubts that the proposed changes will contribute [...]
In next spring’s municipal elections, decisions will be made not only about Finnish renewable energy projects but also about the future of Finland’s economic growth. Municipalities play a direct role in many key aspects of renewable energy projects. Renewables Finland believes that municipalities’ decision-making authority and influence must remain strong in the preparation phase of [...]
The first Projects of Energy Community Interest (PECIs) have been adopted at the Energy Community Ministerial Council in Vienna. With the participation of Commissioner for Energy and Housing Dan Jørgensen – his first official meeting outside Brussels – the meeting also approved a recommendation aiming to enhance the deployment of renewable energy projects in Energy Community countries. Comprising [...]
EU researchers are helping policymakers reconcile competing demands in a region full of natural resources, beauty and tradition. By Bárbara Pinho Above the Arctic Circle in Finland’s municipality of Inari, the largest and most sparsely populated region of Finnish Lapland, leading sources of income are tourism and the cold-climate testing of cars, tyres and components. The [...]
Researchers are helping residents across the EU opt for clean energy. By Helen Massy-Beresford Europe has a common goal of clean energy and numerous paths towards it. One of the routes leads through playgrounds in Berlin. Outdoor children’s spaces in the German capital have been a focal point of efforts to inform women about the [...]
The Liivi Bay offshore wind farm, developed by Enefit Green, has undergone an environmental impact assessment. The expert group identified that, with the implementation of appropriate mitigation measures, the farm has no significant negative impacts on the natural and human environment and promotes labor market activity and increases municipal revenues. The expert group from Skepast [...]
At Smulders' Polish facilities, the final production work is being carried out on key foundation elements for the Baltic Power offshore wind farm. These are the so-called transition elements that will connect the foundations to the wind turbines. Once assembled, they will set off for the transhipment port. Already in the first quarter of 2025, [...]
Cargo ships and cruise liners may soon be harnessing the power of wind and waves to reduce their carbon emissions thanks to EU-funded researchers. By Tom Cassauwers In August 2023, a five-year old cargo ship, Pyxis Ocean, made history when it set sail from Shanghai, China, heading towards the southern Brazilian port of Paranaguá. A [...]
Polish Ministry of Climate has published a new version of the regulation on maximum energy prices at auctions for offshore wind farms. The changes, resulting from an amendment to the so-called Offshore Act, introduce differentiation of support rates under 25-year strike price contracts depending on the location of the wind farms, with the aim of [...]
The European Commission has approved a €2.6 billion Estonian scheme to support renewable offshore wind energy to foster the transition towards a net-zero economy. The scheme was approved under the State aid Temporary Crisis and Transition Framework (‘TCTF') adopted by the Commission on 9 March 2023 and amended on 20 November 2023 and on 2 [...]
In January 2025, the Baltic Power offshore wind farm will enter a critical phase of its development. The project, a joint venture between Orlen and Northland Power, will see the start of the marine stage of construction, which involves the installation of the wind turbine foundations. These massive structures will support the installation of turbines [...]
The Environmental Impact Assessment (EIA) program describes the entire environmental impact assessment process, such as the scope and methodology of environmental studies to be conducted in the Estonian marine area, community involvement, etc. Proposals, objections, and questions regarding the program were submitted during the public display period and at public discussions by neighboring countries, state [...]
Denmark’s latest 3 GW offshore wind auction round ended without any bids. That’s a huge disappointment for Denmark and for Europe’s wider energy security and electrification efforts. The failure to attract bids results from Denmark’s auction design – including its unhealthy uncapped negative bidding. The Danish Government must now quickly retender the lost volumes. And [...]
In the face of global climate challenges and shifting geopolitical landscapes, Lithuania is positioning itself as a renewable energy leader in the Baltic region. With strategic investments in offshore and onshore wind energy, the country is demonstrating how the green transition can serve both immediate energy needs and long-term economic goals. This overview is based [...]
The Consumer Protection and Technical Regulatory Authority (CPTRA) announced an auction for the development of an offshore wind farm in the Saare 1 area west of Saaremaa. The auction will take place between 21 January 2025 at 12:00 and 23 January 2025 at 12:00, Estonian time (UTC+2). Three companies who submitted a competing application for [...]
The work is already in full swing in Korsnäs off the west coast of Finland where one of the most significant industrial projects in the country is in progress. To achieve carbon neutrality by 2035 and to enhance Finland's energy self-sufficiency, more electricity from renewable sources is needed. “Wind power, being a crucial energy source [...]
Gdynia, 3 December 2024: The West Pomeranian Voivode has issued two key decisions on the implementation of the F.E.W. Baltic II offshore wind farm. In doing so, he granted a permit for the construction of offshore wind turbines together with an internal power and telecommunications network and an offshore substation for the RWE F.E.W. Baltic II [...]
Northland Power announced that the Board of Directors has appointed energy transition leader Christine Healy as President and Chief Executive Officer, effective February 5, 2025. In addition to serving as President and CEO, Ms. Healy will also be appointed as a Director of the Company, subject to confirmation at the next Annual General Meeting of [...]
Seven potential connection points for offshore wind power have been identified in mainland Finland for the 2030s. These enable the connection of up to 9 gigawatts of offshore wind power capacity to the main grid. The identified connection points are located on the west coast and in Inkoo. The northernmost connection points, in the Kokkola [...]
Education and skills are increasingly becoming decisive factors for the success of Europe’s Clean Industrial Deal. The European wind industry is set to expand from 370,000 jobs today to 600,000 jobs by 2030. This creates a serious skills gap: over the next 6 years more than 200,000 new wind workers need to be recruited and [...]
European Energy and SONFOR have received the green light to construct the Lillebaelt Syd offshore park in Denmark. Copenhagen, Denmark, 28th of November – The construction permit for the Lillebaelt Syd offshore wind project has been issued by the Danish Energy Agency. The project is located in the Strait of Lillebaelt close to the city [...]
Hot autumn in the Baltic. In winter, the first companies go out to sea with construction, and the government draws up new plans for the future. Declarations regarding the delimitation of further areas in the Baltic for the next phase of offshore wind energy development, in addition to the two already underway, fired the imagination [...]
On the 27th of November, Swedish Prime Minister Ulf Kristersson hosted a meeting at Harpsund with the Nordic and Baltic countries’ heads of government and Poland’s Prime Minister. The leaders have discussed transatlantic relations, security in the Baltic Sea region and long-term support to Ukraine. They also delivered a joint statement. https://www.youtube.com/watch?v=Jwcl2UTQocY “Europe must take [...]
Poland's Bank Ochrony Środowiska (Bank for Environmental Protection) has subscribed to Polenergia's green bonds in the amount of PLN 90 million. Polenergia Group is Poland's largest private energy group and a leader in the market of renewable energy producers (RES). The funds from the bonds are to be used, among other things, to finance the [...]
At the Offshore Wind Poland 2024 conference, ORLEN Neptun CEO Janusz Bil announced ambitious plans for the development of offshore wind energy in Poland. In his speech, he highlighted that BalticEast, the company's most advanced project, is being prepared to participate in an auction planned for 2025. - It is estimated that these projects will [...]
Energy and marine consultancy ABL, a subsidiary of ABL Group ASA, has been awarded a sizeable contract to provide marine warranty survey (MWS) services to support the offshore construction of Iberdrola’s 315 MW Windanker offshore wind farm, offshore Germany. ABL Germany, based in Hamburg, will provide MWS services to support the offshore transportation and installation [...]
Poland's offshorewind industry is gaining momentum - especially in the context of implementing major projects such as Baltica 2, which has just entered the onshore construction phase. At the Offshore Wind Poland 2024 conference, organised by the Polish Wind Energy Association, sector leaders, including PGE Baltica, discussed progress in offshore wind development, key challenges and [...]
In winter, the first companies go out to sea with construction, and the government announces the delimitation of further areas in the Baltic Sea for the next phase of offshore wind energy development, in addition to the two already underway. ‘A report on the state of offshore development is being prepared, which will give us [...]
The organisers have announced a new date for the WINDFORCE Baltic Sea 2024 conference. The event will take place on 19-20 February 2025 and the venue remains the Danish islands of Lolland/Falster. Despite the change of date, the programme and key tenets of the event remain largely unchanged. The keynote has also been maintained: ‘Danish-German [...]
Joint venture companies Equinor and Polenergia, which are developing the Bałtyk 2 and Bałtyk 3 offshore wind farm projects, have signed energy sales agreements with Danske Commodities, which will be responsible for selling the electricity produced by the farms on the Polish wholesale and balancing market. Danske Commodities, which is part of Equinor, will also [...]
A new report published by DNV reveals that the majority (61%) of maritime professionals believe the industry should accept increased cyber risk from digitalization if it enables innovation and new technologies. The sector’s appetite to take on emerging risks arising from digital transformation is notably higher than other critical infrastructure industries including energy, manufacturing and [...]
The situation in the Baltic Sea, one of the five most polluted seas in the world, has not improved in recent years, but efforts of various public groups, public authorities and businesses can yield results. Curonian Nord offshore wind farm, currently under development by an international green energy company, Ignitis Renewables, can also benefit the [...]
The National Energy Regulatory Council (NERC) has launched a second tender to select a developer for an offshore wind farm in Lithuania’s territorial waters of the Baltic Sea. Tenderers have until 18 March 2025 to submit their applications and documents to NERC. The winner of the tender, which recognises national security interests, is expected to [...]
The event is dedicated to companies and organisations working in the field of technological innovation and interested in collaborating on projects in the offshore wind energy sector. Workshops and presentations will be conducted in Polish and English, and an option for participants to translate from English to Polish via the Zoom platform will be available. [...]
In order to ensure a smooth process of signing documents for the offshore wind tender, the electricity transmission grid operator Litgrid publishes the draft protocol of intentions for connection to electricity transmission networks. Litgrid will sign this document with all developers seeking to participate in the tender for the use of marine territory for the [...]
GWO and IRENA will initiate discussions of how global standards can best support skilled workforce development, in line with 2030 targets. Co-publication of the Jobs4RE Workforce Training Guidelines for the Wind Industry is set to follow in 2025. Global Wind Organisation (GWO) is combining forces with the International Renewable Energy Agency (IRENA) to present “Jobs4RE- [...]
In the second quarter of 2024, the EU economy greenhouse gas emissions were estimated at 790 million tonnes of CO2-equivalents (CO2-eq), a 2.6% decrease compared with the same quarter of 2023 (812 million tonnes of CO2-eq). The EU’s gross domestic product (GDP) registered a 1.0% increase in the second quarter of 2024, compared with the same quarter of 2023. This information comes from data [...]
How are renewable energy projects implemented in other countries, and how do municipalities collaborate with local communities? What can we learn, and what practical ideas can we adopt when implementing the joint Latvian-Estonian offshore wind energy project ELWIND? In cooperation with the Danish Embassy in Latvia, a trip was organized for municipal representatives and opinion [...]
Lithuanian National Energy Regulatory Council (NERC) approved the highest possible price for the purchase and sale of electricity from renewable resources - 125.74 EUR/MWh and the lowest price limit for the transaction - 75.45 EUR/MWh. The maximum possible transaction price is determined taking into account the average annual amount of electricity production; average variable and [...]
Three Polish fishing vessels will support the construction of the Baltic Power offshore wind farm. They will begin work with the start of the offshore installation work scheduled for early 2025. Baltic Power is the only offshore wind farm project in the Polish part of the Baltic that has reached the construction phase. In addition [...]
The Polish government has adopted a law to promote the development of offshore wind energy by allowing different maximum electricity prices to be set depending on the specific characteristics of individual maritime areas. The new legislation gives the Minister for Climate and Environment the ability to issue a regulation that will set differentiated maximum prices [...]
As the COP29 UN Climate Change Conference opens in Baku, Azerbaijan, from November 11 to 22, climate leaders, including the European Union (EU), gather to address one of the most pressing challenges of our time: securing a sustainable, climate-friendly future. This year, the summit is poised to prioritize climate finance, critical emissions reductions, and renewable [...]
A state-of-art vessel has arrived at the Port of Gdynia - the Svanen - a heavy-lift vessel from Van Oord’s fleet designed for the installation of offshore wind farm foundations. This particular vessel that will start the first offshore wind farm construction in the Polish part of the Baltic Sea - Baltic Power - at [...]
Vattenfall, following the sale of its Berlin district heating business, has announced a new strategy for the German market, which involves significant investment in the development of renewable energy production infrastructure and the development of electromobility. Investments in excess of €5 billion are planned until 2028. The main objective is to create a zero-carbon energy [...]
The Board of Directors of the European Investment Bank (EIB) has approved financing for the construction of two wind farms in the Baltic Sea with a total capacity of 1440 MW. This information was shared by Teresa Czerwińska, vice-president of the EIB, on her LinkedIn profile. Although details of the specific projects have not been [...]
The Ministry of Climate and Environment of Poland has announced an increase in the planned capacity volume for the first offshore wind auction in 2025 from the original 2.5 GW to 4 GW. Four auctions are planned between 2025 and 2031, which will allow for a total capacity of up to 12 GW. The changes [...]
As Lithuania plans to develop offshore wind parks in the Baltic Sea, an additional survey of an almost 6.5 km long underwater object was carried out by order of the Ministry of Energy. The experts of the Coastal Research and Planning Institute established that the object could be a part of a cut cable or [...]
In order for Lithuania to develop offshore wind parks in the Baltic Sea and to reduce the country's dependence on electricity imports and fossil fuels, preparatory work is underway for the tender in which the developer of the park will be selected. The electricity transmission grid operator Litgrid has announced the updated preliminary conditions for [...]
Ocean Winds, together with the Industrial Development Academy (PAR), has summed up the third edition of the ‘Career with the Wind’ programme - an educational initiative aimed at preparing technical school students for work in the offshore wind energy sector. The programme is aimed at young people from across Poland to familiarise them with career [...]
The European Commission has published the 2024 Climate Action Progress Report, showing that net EU greenhouse gas (GHG) emissions fell by 8.3% in 2023 compared to the previous year. This is the largest annual drop in decades, with the exception of 2020 when COVID-19 led to emission cuts of 9.8%. Net GHG emissions are now 37% below 1990 levels, while GDP [...]
Below we present an editorial published by the Finnish Ministry of Economic Affairs and Employment. The author - Katja Tuokko is a Senior Specialist in the Energy Department of the Ministry of Economic Affairs and Employment. She has been involved in coordinating the update of the Sectoral Low-Carbon Roadmaps. By summer 2023, only three years [...]
Finland is on the brink of a major transformation in renewable energy with the development of its first industrial-scale offshore wind farm in Korsnäs, a small coastal community near Vaasa. This ambitious project, led by Vattenfall in collaboration with Metsähallitus, highlights Finland’s growing commitment to renewable energy and energy independence. With a projected capacity between [...]
The amendment to the Act on offshore wind farms, which is being worked on by the Ministry of Climate and Environment, aims to streamline the investment process in this sector. One of the key elements of the proposed changes is the introduction of the possibility to set different maximum prices in auction bids for different [...]
Swedish Defence Minister Pal Jonson informed that Swedish government decided to reject the applications of 13 offshore wind farms in the Baltic Sea, while granting one (Poseidon) on the Swedish west coast. According to the Minister Jonson - the reaction time in the event of a missile attack could go from 2 minutes to 60 seconds [...]