The International Energy Agency’s World Energy Outlook 2025 confirms that electricity is quickly becoming the backbone of the global energy system. Electricity demand is soaring. Renewables are continuing to rise globally. But Governments are too slow in delivering the infrastructure needed to electrify industry, mobility and heating. And they need to address new supply chain [...]
The European Union will effectively and permanently stop the import of Russian gas and move towards the phaseout of Russian oil under the provisional political agreement reached by the European Parliament and the Council today. This historic decision will end the EU's dependence on an unreliable supplier, which has repeatedly destabilised European energy markets, put at [...]
Renewables are the cheapest form of power generation. But this doesn’t tell the full story. What about the costs of grids, storage, and back-up? WindEurope’s latest study done in cooperation with Hitachi Energy shows that even when accounting for the grids, storage and back-up, a system running on high shares of renewables is the cheapest, [...]
On 26 November, Poland announced that it has chosen Sweden to partner in its submarine programme. Poland is purchasing three submarines in one of Sweden’s largest-ever naval export deals. “Poland has chosen Sweden to partner in its submarine programme. This is a testament to the cooperation between our two countries and Sweden’s status as a [...]
RWE, a global leader in renewable energy, has signed an eight-year power purchase agreement (PPA) with Carlsberg Sverige, one of Sweden’s largest beverage companies. Under the terms of the agreement, Carlsberg will source electricity produced from the nearby Örken onshore wind farm to power its brewery in Falkenberg, Halland. From January 2026 until December 2033, [...]
EIB lends Swedish forest-industry group Holmen €100 million to expand onshore wind generation in northern Sweden Project to provide green power for energy-intensive industries Operation advances Swedish and European climate goals The European Investment Bank (EIB) is lending 1.1 billion Swedish kronor (around €100 million) to forest-industry group Holmen to expand its renewable energy generation. [...]
Euro-Atlantic security will be significantly strengthened in the High North and Baltic Sea as the UK and allies from across the region ramp up their military cooperation and agree an enhanced partnership with Ukraine. Joint Expeditionary Force (JEF) defence ministers meet with Ukrainian counterpart as they launch new enhanced Ukraine-JEF partnership. JEF meeting in Bodø [...]
The Swedish Armed Forces continue to accelerate their ability to detect, monitor, and repel threats beneath the surface of the Baltic Sea. Together with FMV and Saab, a large autonomous underwater drone is now being developed. This collaboration will enable the rapid development of advanced systems that will strengthen Sweden's maritime capabilities and the protection [...]
Europe needs more offshore wind to deliver its energy goals. Governments and society want it. And heavy industry want it to help them decarbonise. But as things stand the necessary expansion of offshore wind is not happening. The business case for new offshore wind farms is not where it was and where it should be. [...]
EIB Group unveils first consolidated Sustainability Report, aligning with EU standards and streamlining key disclosures. EIB Group committed a record €51 billion for climate action and environmental sustainability in 2024, driving the green transition in Europe and beyond. The average greenhouse gas emissions intensity for electricity generation projects in the EIB Group’s portfolio fell by [...]
Europe must act now to secure its place as the safest and most attractive industry and energy investment hub - strengthening its energy security and independence. Investors do not need new promises, they need certainty. This means full speedy implementation of existing EU rules – especially the new excellent EU permitting framework - rather than [...]
New global progress report flags bottlenecks in investment, grids and supply chains, urging governments for bolder renewable targets before COP30. Abu Dhabi, United Arab Emirates / Brasília, Brazil, October 14, 2025 – The world is falling behind on its renewable energy and efficiency goals despite record progress last year, confirms a new report released today by [...]
Njord Survey, a Swedish offshore survey specialist, has been awarded a long-term framework agreement by the German transmission system operator (TSO) 50Hertz to support offshore wind development in the Baltic Sea. This agreement solidifies Njord Survey's role as a key partner in Europe's ongoing energy transition. The framework agreement covers the provision of comprehensive geophysical [...]
Stockholm, September 30, 2025 – The County Administrative Board of Uppsala has recommended that the Swedish Government grant a permit under the Act on the Swedish Exclusive Economic Zone (SEZ) for Deep Wind Offshore’s planned offshore wind farm Olof Skötkonung in the Gulf of Gävle. The case now moves to the Government for final approval. [...]
EIB Board adopts second phase of pioneering Climate Bank Roadmap, focusing on competitiveness, security and lower energy prices for companies and families. Plan includes doubling of investment for climate change adaptation, along with radically simplified procedures. Decision consolidates EIB Group’s role as the Climate Bank and reaffirms commitment to staying the course as anchor financier [...]
So far in 2025, the municipal veto has stopped nearly all proposed onshore wind power projects in Sweden. According to new statistics, between January 1 and September 12, 26 out of 29 projects were halted. The 2025 figures show that the percentage of vetoes from municipalities has increased from previous years. Over the last five [...]
A new Novus survey in Sweden shows that 9 out of 10 people living near wind farms are satisfied with their neighbourhood. For most residents, the experience of living near turbines remains unchanged, even after new investments have been launched. Public debate on wind energy often focuses on concerns about the quality of life near [...]
In her 2025 State of the Union address EU Commission President Ursula von der Leyen highlighted the new geopolitical reality in which economic competition and national security are intertwined. She stressed the need for Europe to massively invest in digital and clean technologies to ensure the future continues to be made in Europe. In her [...]
The 15 million Euro funding call by Horizon Europe is now secured by SeaTwirl AB and the consortium behind the project application “Verti-Go”. The Verti-Go project will demonstrate SeaTwirl’s floating wind turbine technology with a 2MW turbine including the design, fabrication, installation and operation. The design phase is estimated to conclude around the end of 2026, followed [...]
WindEurope released the latest wind energy data today. It shows Europe built 6.8 GW of new wind in the first half of 2025. That’s less than expected and not nearly enough to deliver the EU’s 2030 energy security and climate targets. Except for Germany, most countries in Europe are not doing enough to build more [...]
Swedish renewable energy developer Eolus AB has reported its second quarter results, marked by weaker financials but also by a historic transaction in the Baltic region. The company has sold Latvia’s largest onshore wind project to dateto the state-owned utility Latvenergo, setting a milestone for both Eolus and Latvia’s green transition. Financial headwinds, but strategic [...]
Europe aims to increase its offshore wind capacity from 36.6 GW today to 84 GW by 2030. The maritime supply chain—particularly shipbuilding and port infrastructure—plays a critical role in supporting Europe’s energy security. But one of the most pressing challenges today is the lack of timely investment in vessel manufacturing and port infrastructure. Today Europe [...]
Renewables, natural gas and nuclear are set to meet the additional demand as the world’s use of electricity rises for industry, appliances, air conditioning, data centres, EVs and more. Global electricity demand is expected to expand at one of the fastest sustained paces in over a decade despite ongoing economic pressures, according to a new [...]
OX2 has acquired project Fageråsen in Dalarna region from Eolus and Dala Vind. The acquisition includes a planned wind farm with up to 34 wind turbines and an estimated annual production of up to 700 GWh, which corresponds to about 14 percent of Dalarna County’s annual electricity consumption. The wind farm is located in electricity [...]
European citizens and businesses want affordable, secure, and clean energy. Homegrown wind energy helps boost Europe’s competitiveness, security and prosperity while delivering on decarbonisation. But insufficient grid build-out is hindering the deployment of wind energy. It leads to grid access restrictions, congestion and curtailment. Electricity demand in Europe is expected to rise by 60% by [...]
The International Renewable Energy Agency (IRENA) has just released its pivotal "Renewable Power Generation Costs in 2024" report, delivering a resounding message: renewables are unequivocally the most cost-competitive option for new electricity generation globally. This comprehensive analysis, compiled from IRENA's extensive renewable cost database of over 25,000 projects, highlights how 91% of newly commissioned utility-scale [...]
OX2 has acquired project Fageråsen in Dalarna region from Eolus and Dala Vind. The acquisition includes a planned wind farm with up to 34 wind turbines and an estimated annual production of up to 700 GWh, which corresponds to about 14 percent of Dalarna County’s annual electricity consumption. The wind farm is located in electricity [...]
Global Wind Service is pleased to announce the completion of wind turbine installation at the Storhöjden Wind Farm, located in the High Coast (Höga Kusten) region of Sweden. Together with our valued client Nordex, our dedicated team has installed 22 Nordex N163 turbines on TS118-03 towers, marking the completion of the first phase of the [...]
A security zone has been established near the Poland-Sweden power connection, the SwePol Link submarine cable. This will better protect infrastructure that is key to the region's energy security. The order establishing the zone was issued on 8 July by the Director of the Maritime Office in Gdynia. The zone is 250 m wide on [...]
HELSINKI, FINLAND – Vestas, a global leader in sustainable energy solutions, has secured a significant 74 MW order from TOWII Renewables A/S for the Ketunperä and Kopsa III wind projects in Finland. This order highlights a direct collaboration between the two companies to bolster Finland's renewable energy infrastructure. According to Vestas' announcement, "Vestas is proud [...]
The 27 Member States endorse plan to increase new financing to record of up to €100 billion in 2025. Revised ceiling includes 3.5% of total financing for European security and defence. EIB Board also approves landmark project for construction of military base in Lithuania. EIB Group shareholders launch largest EU programme to fund Europe’s technological [...]
In the margins of Transport, Telecommunication and Energy Council, the European Commission and the Polish Presidency of the Council have launched the Energy Union Task Force. Comprising high-level representatives from the European Commission and Member States, the Task Force is aimed at fostering better cooperation and coordination on key energy policy issues. Outlined in the Action [...]
It is with great satisfaction that I share my reflections after the first meeting of the Baltic Sea Offshore Wind Summit Program Council, which I had the honor of co-organizing with the Royal Danish Embassy in Warsaw. This event brought together representatives of key stakeholders from across the Baltic Sea region, with the main goal [...]
The Baltic Sea Map with the projects under consideration, in planning, under construction and existing in the Baltic Sea. Expert-paper presented at the Conference of Energy Ministers in Warsaw Potential of 93 GW Offshore Capacity in the Baltic Sea Basins Questions of safety and protection of maritime infrastructure play a vital role 13 May 2025 [...]
In the margins of the informal meeting of EU energy ministers in Warsaw, Commissioner for Energy and Housing Dan Jørgensen and energy ministers of the Baltic Energy Market Interconnection Plan(BEMIP) High-Level Group have signed a new Memorandum of Understanding (MoU). The parties pledged to work closely together in investing in and completing infrastructure projects and [...]
Baltic energy regulators have requested a three-month extension from the EU Agency for the Cooperation of Energy Regulators (ACER) to decide on a proposed long-term capacity calculation methodology for electricity trading. Originally due by 22 March 2025, the decision concerns a proposal submitted by transmission system operators in January. Regulators from Estonia, Finland, Latvia, Lithuania, [...]
The report deals with the geological background and seismicity of a potential wind farm area, a 7-shaped polygon framed offshore western Saaremaa, some 10–40 km off the Sõrve peninsula. No particular geological/geophysical research was carried out for this report. All the descriptions and conclusions about the geological background presented rely on interpretations of two former [...]
Karina Barquet A recent study published by Karina Barquet of the Stockholm Environment Institute (SEI), Hans Liwång of the Swedish Defence University, and Torsten Linders of the University of Gothenburg, explores the critical balance between innovation, security, and sustainability in the development of offshore wind energy in the Baltic Sea region. The authors [...]
Based on the latest data published by the European Commission, EU electricity and gas markets demonstrated strong resilience and stability in the fourth quarter of 2024. Despite a seasonal increase in gas demand, energy supply remained secure, market integration continued, and the share of renewables increased, all while keeping prices in check. The year 2024 [...]
The Uppsala County Administrative Board has announced its recommendation to the Swedish government for the approval of the Fyrskeppet offshore wind farm project. Located 50 km off the mainland coast of Uppsala County, the project is poised to significantly contribute to Sweden's energy supply. With a production capacity ranging from 8 to 11 TWh, Fyrskeppet [...]
The Climate Policy Council (Klimatpolitiska rådet) presented its annual report assessing the government's overall policy with regard to Swedish and EU climate targets. The Council concludes that the plan is not sufficient to achieve the national climate targets by 2030. Svensk Vindenergi agrees with the assessment and provides the wind energy industry's perspective on the [...]
In 2024, 46.9% of net electricity generated in the EU came from renewable energy sources. Among EU countries, Denmark had the highest share of renewables in its net electricity generation with 88.4%, coming mostly from wind, followed by Portugal (87.5%, mostly wind and hydro) and Croatia (73.7%, mostly hydro). The lowest shares of renewables were [...]
Stable electricity supplies at an affordable price, full independence of the Baltic Sea region from Russian supplies, and clean air through joint projects to develop new technologies, including hydrogen - these are the potential benefits of cooperation between the Baltic countries. ORLEN Group and S&P Agency have prepared a report summarising the status of the [...]
Sweden’s surplus of fossil-free electricity at competitive prices has long made the country an attractive destination for foreign investments, driving job creation and innovation. To maintain this appeal, continued expansion of electricity production is crucial, with wind power playing a key role. This is emphasized by Daniel Badman, CEO of the Swedish Wind Energy Association, [...]
ENTSO-E’s draft TYNDP shows the strategic electricity infrastructure investments that ensure that Europe’s energy system can meet the EU’s and Member States energy and climate targets for 2030, 2040, and 2050 while providing a positive impact on system costs. In line with the TEN-E Regulation, the new TYNDP outlines the further investments in the European [...]
Swedish wind power set new production records in 2024, marking the highest annual output ever recorded. However, despite this milestone, the expansion of wind energy has slowed due to challenging market conditions, according to the latest statistics from Svensk Vindenergi. After two consecutive quarters without new investment decisions, the trend has finally shifted. While wind [...]
The European energy sector is undergoing a historic transformation, with offshore wind power emerging as a dominant force in the transition toward renewable energy. Latest data presented by Ignitis highlights a pivotal shift: future offshore wind energy projects in Europe are set to have twice the capacity of onshore projects, signaling a strong commitment to [...]
The joint HELCOM-VASAB (Vision & Strategies Around the BlaticSea) Maritime Spatial Planning Working Group (HELCOM-VASAB MSP WG) is about to proceed to the interim assessment of the progress in implementing the Regional Maritime Spatial Planning Roadmap 2021-2030. In this context, a dedicated Task Force prepared a survey which aims to support this process. This survey targets [...]
A new report from Swedish Wind Energy Association (Svensk Vindenergi) highlights that the climate impact of wind power has decreased by nearly 70% over the past 20 years, thanks to advancements in wind turbine technology. The report compares two wind farms, Birkmose and Blakliden Fäbodberget, using a comprehensive lifecycle analysis (LCA) that considers all emissions—from [...]
In mid-January 2025, PNE AG made a strategic decision to sell its Swedish subsidiaries, PNE Sverige AB and VKS Vindkraft Sverige AB, to the Norwegian energy supply company Aneo. The transaction includes the companies located in Gothenburg and Motala, alongside a project pipeline comprising wind energy and photovoltaic projects. These projects represent a total output [...]
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 [...]
OX2 has acquired Bursjöliden wind farm from RWE. The project Bursjöliden is located in Örnsköldsvik municipality, in the North of Sweden. The project is planned to be integrated into OX2's portfolio for long-term ownership. The Bursjöliden wind farm is located in the North of Sweden in price area SE2. The project is planned to include [...]
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 [...]
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 [...]
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 [...]
A recent report by Svensk Vindenergi, updated from June 2023, offers a crucial lens on the investment climate for offshore wind in Europe, spotlighting significant differences across various markets. With data covering 11 countries around the Baltic and North Seas, this report underscores Sweden's unique and somewhat isolated stance in terms of regulatory and investment [...]
Statkraft has submitted a licence application to the Swedish government for the Baltic Offshore Delta North wind farm with an installed capacity of 2.1 GW. The wind farm is located in Sweden's economic zone, approximately 100 kilometres east of Stockholm and 55 kilometres east of Sandhamn Island. The Stockholm region will have the potential to [...]
Litgrid and Svenska kraftnät, Lithuanian and Swedish transmission system operators, have signed a contract with Hitachi Energy to upgrade the control system of NordBalt HVDC interconnector. During the upgrade, control system logic, which will enhance grid stability of the Baltic countries and Sweden, will be installed. “NordBalt interconnector is one of the most important objects [...]
In the recently released 2025 budget proposal, the Swedish government emphasizes the critical role wind energy will play in achieving electrification and climate transition goals. The Swedish Wind Energy Association (Svensk Vindenergi) has welcomed the government's recognition of the importance of wind power, particularly in helping Sweden reach its target of net-zero emissions by 2045. [...]
In an urgent call to action, the leaders of Sweden's solar, wind, and bioenergy sectors have jointly emphasized the critical role that renewable energy can play in meeting the nation’s future electricity needs. According to a recent statement by Daniel Badman, CEO of the Swedish Wind Energy Association; Anna Werner, CEO of the Swedish Solar [...]
The Swedish Wind Energy Association (Svensk Vindenergi) has responded to the government's inquiry into "Financing and risk-sharing for investments in new nuclear power," presented by investigator Mats Dillén. The association argues that the government should diversify risks instead of focusing solely on one power source and should prioritise measures that can have an impact within [...]
Skyborn Renewables plans to build an offshore wind farm in the Bothnian Sea, outside Sweden's territorial boundaries, called Eystrasalt Offshore. The permit application for Eystrasalt Offshore was submitted to the government in April 2023, and on July 3, 2024, the County Administrative Board of Gävleborg gave the green light for construction. The application concerns up [...]
The expansion of wind power continues. However, no new investment decisions were made during the second quarter of 2024, according to the Swedish Wind Energy Association's latest statistics and forecast for wind power expansion. The pace of expansion is slowing slightly compared to the recent record years. Our forecasts show that about 1,000 MW per year [...]
Eolus is applying to the Swedish Government for permission to build the Skidbladner offshore wind farm, with up to 147 wind turbines located just over 20 kilometers north of Gotska Sandön. The estimated electricity production is 11.7 TWh per year, which corresponds to half of today’s electricity consumption in Stockholm County or more than ten [...]
Christer Baden Hansen, currently Chief Commercial Officer, has been appointed Chief Operating Officer and Deputy CEO of Eolus from 01 July 2024. Eolus currently has 8 offshore wind projects planned in Sweden and 2 in Finland. Christer Baden Hansen joined Eolus in February 2023 after a long career at Vestas. “I am delighted Christer [...]
Swedish government announced its decision to reject the proposed 700 megawatts Hansa PowerBridge project, a new subsea power connection between Sweden and Germany. According to Reuters, the rejection was grounded on concerns about the inefficiency of the German electricity market, which could adversely affect Sweden's electricity prices and market stability. As reported by Reuters Sweden's [...]
Nine gas transmission system operators (TSOs) in the countries around the Baltic Sea have signed a Memorandum of Understanding (MoU) which aims to coordinate and facilitate hydrogen infrastructure and also to foster hydrogen market development in the Baltic Sea region. The MoU establishes and implements the cooperation between TSOs. The parties of the MoU are [...]
Ignitis Group, a multi-utility conglomerate operating in the Baltic region, plans to double its green generation capacity by 2027 and accelerate its investment plans, the company said in a press release. It was reported that according to the updated strategy for 2024-2027, the group plans not only to further increase new investments, but also to [...]
With the installation of a N163/5.X turbine at the Kalistanneva wind farm in Finland, the Nordex Group has now exceeded the 5 GW threshold of installed capacity in the Nordic region. A total of 1,234 turbines “Made by Nordex” are currently in operation in Denmark, Finland, Sweden and Norway and produce clean electricity for 2 [...]
Energimyndigheten has been tasked with mapping areas for fossil-free energy production and distribution. Svensk Vindenergi is critical of the fact that wind power is not mentioned in the agency's mandate. Energimyndigheten has been tasked with mapping areas with potential for fossil-free energy production and distribution. The government has chosen to expand Energimyndigheten's mandate to include [...]
The County Administrative Board of Gotland recommended the Swedish Government to grant a permit for the Aurora offshore wind farm, developed by OX2 and Ingka Investments, according to the Act on Sweden’s exclusive economic zone. If the Government approves, the first phase of the project could be operational by 2030, delivering over 6 TWh annually [...]
RWE and Smålandshamnar AB, which operates the Swedish Port of Oskarshamn, have signed a Memorandum of Understanding (MoU). The aim of this collaboration is to explore whether the port could be a suitable harbour for the logistics, installation, loading, operations and maintenance activities relating to RWE’s planned offshore wind projects in the Baltic Sea. In [...]
The BEMIP Offshore Wind Working Group is implementing strategic priorities for 2024 to further advance offshore renewable energy in the Baltic Sea region. With a substantial potential of over 93 GW for offshore wind energy, the focus is on capitalizing on this resource while enhancing regional cooperation. During the Energy Security Summit held in Marienborg, [...]
Offshore wind developer Deep Wind Offshore has applied to develop and operate a floating offshore wind project outside Stockholm. In the first phase, it will be 1.5 GW. The Swedish government has received the first application for a floating offshore wind farm outside Stockholm, after Deep Wind Offshore has submitted its plan to develop [...]
Renewable Power Capital (RPC) has closed a long-term €555m financing of its 553MW onshore wind portfolio in Sweden. This long-term facility, which is one of the largest in Europe for a greenfield onshore wind portfolio, was provided by a suite of experienced lenders. CIBC, Danske Bank, Export Development Canada, NatWest, and NordLB were the Mandated [...]
The Swedish Agency for Marine and Water Management is currently seeking comments on the marine spatial plans before they are sent to the government for a decision. Proposed changes to offshore spatial plans that create conditions for offshore wind energy could be an important part of the climate transition. At the same time, great demands [...]
RWE is investigating how artificial reefs at offshore wind farms in the Baltic Sea can affect the marine ecosystem and whether they can create an attractive marine habitat, particularly for blue mussels, algae and fish species. In partnership with Linnaeus University and cable service provider Baltic Offshore Kalmar AB, RWE is conducting a pilot study in the Swedish Baltic [...]
The area where Ørsted plans to build the Skåne offshore wind farm (Skåne Havsvindpark) has been designated as an 'energy area' by the Swedish Agency for Marine and Water Management (Länsstyrelsen and Skåne Regeringen) in the overview version of Sweden's new Baltic Sea spatial plans. In addition to the Skåne offshore wind farm, several other [...]
As the world navigates the transition towards renewable energy sources, collaborative efforts become increasingly vital. Recognizing this, Team Norway, a consortium comprising Innovation Norway, the Royal Norwegian Embassy, Norwegian Energy Partners, and Norwegian Offshore Wind, is gearing up to host an insightful event alongside the Swedish Offshore Wind Forum in Göteborg on June 12-13, 2024. [...]
Private equity giant EQT has made headlines with its recent bid to acquire OX2 AB, a leading renewable energy platform, for a staggering $1.5 billion. The move underscores EQT's strategic focus on the renewable energy sector and its commitment to driving sustainable growth in the industry. EQT Infrastructure VI, operating through Otello BidCo AB, has [...]
RWE and the Swedish Port of Karlshamn have signed a Memorandum of Understanding. The aim of this collaboration is to explore whether Port of Karlshamn could be a suitable harbour for the logistics, installation, operations and maintenance activities relating to RWE’s planned offshore wind projects in the Baltic Sea. Matilda Machacek, Vice President of Offshore [...]
In the first quarter of 2024, several new investment decisions were made and wind turbine orders were placed in Sweden. However, there are concerns that the pace of government work is not sufficient to speed up and streamline the permitting process for both onshore and offshore wind power. This is indicated by the latest data [...]
The BEMIP Offshore Wind Working Group is implementing strategic priorities for 2024 to further advance offshore renewable energy in the Baltic Sea region. With a substantial potential of over 93 GW for offshore wind energy, the focus is on capitalizing on this resource while enhancing regional cooperation. During the Energy Security Summit held in Marienborg, [...]
The Energy Ministers of 8 Baltic Sea countries - Lithuania, Denmark, Estonia, Finland, Germany, Latvia, Poland and Sweden - agreed the Vilnius Declaration, pledging closer collaboration to secure critical offshore energy infrastructure in the Baltic Sea region. This comes after the Russian invasion of Ukraine and various acts of sabotage to energy infrastructure in the [...]
The County Administrative Board of Gotland has granted a Natura 2000 permit for the offshore wind farm Aurora that OX2 and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, are developing outside the islands of Gotland and Öland in Sweden. If the government gives final approval, construction could start by 2028 [...]
Sweden is on the cusp of a significant surge in demand for fossil-free electricity, yet uncertainties in the investment landscape loom large. Currently, Sweden lacks mechanisms to distribute risks for large-scale electricity production investments. To address this gap, Svensk Vindenergi commissioned ELS Analysis to compile a report on Contracts for Difference (CfD), a tool for [...]
International green energy company Ignitis Renewables supports the expedition Save the Baltic Sea and invites to pay attention to the ecological state of the sea and work together in preserving the Baltic Sea. During the nine-month walk around the Baltic Sea, the expedition and its partners will invite citizens, governments, organisations and businesses to take [...]
The latest annual statistics and seven-year outlook published by WindEurope reveal significant advancements in the European wind energy sector, particularly in the offshore market and among countries bordering the Baltic Sea. The report indicates that the European Union is on track to achieve its wind energy targets for 2030, owing to improvements in permitting processes [...]
The Offshore Network Development Plans (ONDP) is a new component of the TYNDP, delivering a high-level outlook of the needs of offshore transmission infrastructure. The first edition of the ONDP has been published on 23 January 2024. The plans translate EU Member States’ non-binding agreements on offshore goals from January 2023 into offshore transmission corridors, [...]
ENTSO-E is inviting the stakeholders to a public workshop on the Offshore Network Development Plans (ONDP), in ENTSO-E premises in Brussels, on 1 March 2024. The ONDP is a new component of the TYNDP, focused on the needs for offshore transmission infrastructure. The first edition of the ONDP has been published on 23 January 2024. [...]
The year 2024 has started on a positive note for Sweden's renewable energy sector, particularly in wind power production. Recent statistics from the Swedish Wind Energy Association reveal significant growth and promising trends that indicate a considerable expansion of wind power in the country. With a focus on sustainable energy solutions, Sweden seems well-positioned to [...]
SMHI has been granted a research grant from the Swedish Environmental Protection Agency and the Norwegian Water Resources and Energy Directorate to investigate, in collaboration with, among others, OX2, whether artificial oxygenation can contribute to restoring parts of the Baltic Sea that are currently oxygen-free. The oxygen gas is a by-product from hydrogen production at two [...]
Åland , Gotland & Bornholm entered into an agreement on 22nd of January to create value together across the Baltic Sea's three energy islands. Bornholm is not alone in looking into a future as an energy island. Both Åland and Gotland will also move into the center of a new energy reality within a few [...]
Svensk Vindenergi (Swedish Wind Energy Association) has responded to the government's consultation on new energy policy targets. The proposals include a goal to plan for electricity demand of 300 terawatt hours (TWh) by 2045, a security of supply target and a proposal to revise the energy efficiency target. Sweden is electrifying at a rapid pace. [...]
As part of its integrated development in electricity, TotalEnergies has signed a new agreement with European Energy to develop offshore wind projects in three Nordic countries: Denmark, Finland and Sweden. 405 MW of offshore wind power under development in Denmark The agreement entails the acquisition by TotalEnergies of a 85% equity stake in the Jammerland [...]
BalticWind.EU asked industry leaders and key policy-makers for their assessment of what has been achieved in the past year and what the forecasts are for 2024. In today’s interview of the „Baltic Sea Offshore Wind – 2024 Outlook” series, we present the opinion of Daniel Badman, CEO, Swedish Wind Energy Association (SWEA). What is the [...]
OX2 and Ingka Investments, the investment arm of Ingka Group – the biggest IKEA retailer – have submitted a permit application under the act of Sweden’s Exclusive Economic Zone to construct the offshore energy hub Neptunus off the coast of Blekinge, in the south of Sweden. The energy hub Neptunus is planned to comprise up [...]
Last year, OX2 and Ingka Investments were given the go-ahead by the government to build the Galene offshore wind farm in the Kattegat near Varberg. Work is now beginning on preparing a connection to the electricity grid. The project company has signed a cooperation agreement with Ellevio and submitted applications for connection. The purpose of [...]
The electricity transmission system operators (TSOs) of the nine Baltic Sea Region countries will continue to cooperate actively to ensure the reliability of the region's electricity supply, the implementation of the project to synchronise the Baltic electricity grids with continental Europe and to develop the future energy system for large-scale offshore wind power. This decision [...]
Wind power has by far the lowest production cost of the types of power that can be expanded quickly and on a large scale. Only wind power can be expanded as quickly as needed to meet the electricity demand until the year 2030, writes Svensk Vindenergi's CEO Daniel Badman in a reply to SvD Debatt [...]