Ørsted and PGE sign further key contracts for the Baltica Offshore Wind Farm
“By signing contracts for the wind turbine generators for Baltica 2 earlier in April, we have started a series of agreements that are crucial for the development of the project. Securing components for Baltica 2 will allow us to continue with next phases of the project development. Our planned actions consistently bring us closer to achieving the strategic goal of the PGE Group which is developing of 2.5 GW in offshore wind capacity by 2030” said Wojciech Dąbrowski, President of the Management Board of PGE Polska Grupa Energetyczna.
“Ørsted has 30 years of experience developing, sourcing, constructing and operating offshore wind farms, and together with PGE we’re committed to delivering offshore wind energy to Poland at large scale. By signing another two strategic component contracts for Baltica 2, we’re step by step moving forward with this landmark project that will be pioneering offshore wind in Poland” said Agata Staniewska, managing director for Ørsted Offshore Poland.
In April, PGE and Ørsted reached an important milestone for their 1.5 GW Baltica 2 offshore wind farm by signing the project’s first major component contract with wind turbine manufacturer Siemens Gamesa. Today, the joint venture announces the signing of the next two strategic supply chain contracts for Baltica 2: Navantia-Windar will be supplying monopile foundations, the largest exceeding 100 meters and weighing over 2,000 tons, while Orient Cable (NBO) will be delivering 170 kilometers of 66 kV subsea array cables that will be connecting the wind turbines to the offshore substations.
Subject to final investment decisions, Ørsted and PGE Baltica expect to complete the construction of Baltica 2 (1.5 GW) by the end of 2027, while Baltica 3 (1 GW) is expected to be fully operational no later than by the end of 2029. With a joint capacity of 2.5 GW the Baltica 2 and Baltica 3 will create the Baltica Offshore Wind Farm. It will contribute significantly to Poland’s green energy transition, delivering clean energy for nearly four million households in Poland.
PGE Polska Grupa Energetyczna is the largest electric power company and supplier of electricity and heat in Poland. By combining its fuel and power generation resources and having distribution networks, PGE guarantees safe and stable supply of electricity and heat to more than 5 million customers. The PGE Group’s generating units produce over 40 percent of electricity in Poland. With 7 percent of installed wind farm capacity in Poland. The PGE Group is the country’s largest renewable electricity company. The plan for the coming years is to continue to develop renewable energy sources – especially based on wind and sun energy. PGE is a leader in the change in Polish energy. In its strategy, the PGE Group outlined its Group transformation plan and route to decarbonization of manufacturing and announced its objective to achieve climate neutrality by 2050. The PGE Group’s investment plan covers the country’s largest investment in offshore wind power plants. The PGE Group’s Offshore Program is to build Baltica Offshore Wind Farm, which runs in two stages – Baltica 2 and Baltica 3, with a total installed capacity of up to 2.5 GW by 2030. Then, after 2030, Baltica 1 project will join the Group’s portfolio. According to the strategy, PGE Group intends to have at least 6.5 GW of offshore generation capacity by 2040.
The Ørsted vision is a renewable-only world. The Danish-born company is today in more than a dozen markets, from the United States of America to the European countries to Asia. Poland is one of the key markets for Ørsted, which has been operating for over 10 years now with almost 500 employees (7,292 worldwide). The Baltica Sea Wind Farm with a total capacity of up to 2.5 GW in the Polish part of the Baltic Sea is part of the recently updated Ørsted ambition to reach 30 GW in offshore wind energy by 2030. Ørsted, which has 30 years of experience in the realization and development of offshore wind farms, currently has approx. 12 GW of power installed in this technology worldwide. In addition to offshore wind farms, the company develops, builds, and operates onshore wind farms, solar farms, energy storage and bioelectric plants, and supplies energy products to its customers. We were recognized fourth time in a row as the most sustainable energy company in the world by the Corporate Knights 2022 Index, which brings together 100 of the world’s most sustainable corporations. We are also on the CDP Climate Change List and as a global leader in climate action. In 2021, the group’s revenues were DKK 77.7 billion (EUR 10.4 billion).