4C is now TGS

We are excited to announce a significant milestone in 4C Offshore's journey. Our integration into the TGS family marks the beginning of a new era in offshore wind market intelligence.

Learn what this means for you!

PGE, Enea and TAURON to jointly develop offshore wind farms

By: Tom Russell 18/01/2021 PGE

General Windfarms

The three largest Polish energy companies have signed a letter of intent on cooperation in future offshore wind farm projects. PGE, Enea and TAURON expressed their plans to establish strategic cooperation related to future investment projects in the field of offshore wind energy in the area of the Polish Exclusive Economic Zone of the Baltic Sea.

"The construction of offshore wind farms in the Baltic Sea is a project of great importance for the Polish economy. It is not only a step towards the transformation of our energy sector towards a low-carbon economy, but above all benefits related to stimulating development, increasing innovation, and using the potential of Polish companies. This is particularly important in restoring the economy to growth following a pandemic crisis. At the same time, it is crucial for us to be able to participate in this project of hundreds of Polish companies, which may be suppliers and subcontractors in the supply chain" points out Deputy Prime Minister Jacek Sasin. "The Minister of State Assets emphasizes that the agreement signed by PGE, Enea and Tauron means that the State Treasury companies will now act together to make the best use of the opportunity created by the development of offshore wind energy."

"Among Polish enterprises with State Treasury participation, PGE is a leader in the development of offshore wind energy in Poland and has the most extensive knowledge on the implementation of such projects. Thanks to this agreement, together with Tauron and Enea, we can increase our chances in the process of applying for location permits for offshore wind farms and increase the possibilities of financing the development of investment projects in the field of offshore wind energy in the Baltic Sea. The development of offshore wind projects is also a huge investment impulse for the entire Polish economy and Polish entrepreneurs. The letter of intent signed today is the first step towards establishing a company by PGE, Enea and Tauron, the goal of which will be the development of offshore wind energy," saysWojciech Dąbrowski, president of the management board of PGE Polska Grupa Energetyczna .

"Using the energy potential of the Baltic Sea requires the construction of an efficient financing mechanism, cooperation of Polish companies and specialized competences. Today's agreement will bring about a synergy effect in the construction of Polish offshore wind capacity," explains Wojciech Ignacok, CEO of TAURON Polska Energia .

"Wind energy in the Baltic Sea also plays an important role in our plans to build green capacities after 2025" adds Ignacok.

"Offshore wind energy plays an extremely important role in the development plans of the Enea Capital Group. Today's formal establishment of cooperation between the three companies will allow us to become much more competitive on the demanding offshore market, which in turn will significantly accelerate and strengthen our activities in this business segment" said Paweł Szczeszek, CEO of Enea.

PGE is currently in the process of selecting an industry partner for the Baltica 2 and Baltica 3 wind projects with a total capacity of 2.5 GW. The signed letter of intent will not affect the process of its acquisition and the offshore wind farm projects developed jointly with an industry partner, for which it will be necessary to obtain location permits.

For more information on offshore wind farms worldwide, click here.

Premium

4C Offshore Premium, our most popular subscription, gives you full access to use the 4C Offshore WebApp which includes exclusive offshore wind, transmission and vessel reports, news and downloads.

Request a 30 minute Demo

PGE, Enea and TAURON to jointly develop offshore wind farms

Back to News

Trending News!