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Report by ORLEN Group and S&P Agency: Cooperation between Poland and Baltic States will ensure cheaper and cleaner energy
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. [...]
WINDFORCE Baltic Sea Conference of the WAB took place on Lolland/Falster in Denmark. Cooperation in the energy transition and strengthening technology transfer are more important than ever
Maribo, Bremerhaven 21.02.2025 - The 23rd WINDFORCE Baltic Sea Conference took place from February 19-20, 2025 in Maribo on Lolland / Falster, Denmark, under the motto āCooperation in the energy transition, strengthening technology transfer, implementing climate protection goals, creating jobs, strengthening [...]
50Hertz and Energinet welcome EU Support for Bornholm Energy Island – project in the Baltic Sea
Good news from Brussels for the Danish-German energy project Bornholm Energy Island in the Baltic Sea. The project has received EU funding. Now regulatory path for the project must be defined. The European Commission has provided funding from the Connecting Europe [...]
New Ten-Year Network Development Plan highlights power transmission and storage needs to meet the Energy Transition targets
ENTSO-Eās draft TYNDP shows the strategic electricity infrastructure investments that ensure that Europeās energy system can meet the EUās and Member States energy and climate targets for 2030, 2040, and 2050 while providing a positive impact on system costs. In line [...]
New report of the JRC of the European Commission on the Onshore Wind Potential of the EU and Neighbouring Countries
Joint Research Centre of the European Commission released new report āThe Onshore Wind Potential of the EU and Neighbouring Countriesā. The report reveals that the continent has far greater capacity for wind energy than previously estimated. The ENSPRESO 2 dataset, developed [...]
Europeās Green Revolution: Offshore Wind Power Takes Center Stage
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 [...]
New survey to support the assessment of the implementation of the Regional MSP Roadmap for the Baltic Sea
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 theĀ Regional Maritime Spatial Planning Roadmap 2021-2030. In this context, a dedicated [...]
Rasmus Errboe appointed Ćrsted CEO, replacing Mads Nipper
Ćrstedās Board of Directors has appointed Rasmus Errboe, current Deputy CEO and Chief Commercial Officer, as new Group President and CEO of the company replacing Mads Nipper who will step down from his position as Group President and CEO of Ćrsted. [...]
Denmark Scraps 3 GW Offshore Wind Auction
Denmark is significantly ramping up its ambitions in offshore wind and green hydrogen, unveiling a series of bold initiatives aimed at securing a fully renewable electricity supply and solidifying its position as a green energy powerhouse. Facing rising costs and supply [...]
PGE and Ćrsted take final investment decision on Baltica 2 Offshore Wind Farm
PGE and Ćrsted have taken final investment decision (FID) on the 1.5 GW Baltica 2 Offshore Wind Farm, which will be built, owned and operated in a 50/50 partnership between Polandās largest energy company PGE Polska Grupa Energetyczna and Denmark's global [...]
Ćrsted hits with ā¬1.7bn impairment as US offshore challenges grow
Ćrsted 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 [...]
PFI Yearbook 2025: Opportunities and Challenges for Baltic Offshore Wind
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 ā Lithuania, Denmark, Estonia, [...]
TotalEnergies, European Energy and SONFOR close deal on two Danish offshore wind projects
TotalEnergies acquires a majority stake in the two Danish offshore wind projects Jammerland Bay and LillebƦlt 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 [...]
No offshore bids in Denmark ā disappointing but sadly not surprising
Denmarkās latest 3 GW offshore wind auction round ended without any bids. Thatās a huge disappointment for Denmark and for Europeās wider energy security and electrification efforts. The failure to attract bids results from Denmarkās auction design ā including its unhealthy [...]
Lillebaelt Syd offshore park gets construction permit
European Energy and SONFOR have received the green light to construct the Lillebaelt Syd offshore park in Denmark. Copenhagen, Denmark, 28th of November ā The construction permit for the Lillebaelt Syd offshore wind project has been issued by the Danish Energy [...]
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