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Vattenfall explores Baltic Sea options with Synthos

By: James Bernthal-Hooker 16/10/2020 Synthos Group

General Windfarms

Energy giant Vattenfall and chemical manufacturer Synthos have signed a memorandum of understanding (MoU) to explore offshore wind options in Poland and the Baltic states. The news follows a declaration of cooperation in the field of offshore wind signed in Poland by the Baltic states earlier this month.

As reported on 1^st October, representatives of Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland, and Sweden signed the declaration, which underlines a need to scale up the EU’s offshore wind capacity by 2050. The declaration emphasises that a significant increase in offshore energy can be most efficiently achieved through a cooperative, regional approach. To this end, all sides have embraced the idea of creating a new specific working area within the high-level group of the Baltic energy market interconnection plan (BEMIP).

Catrin Jung, Head of Vattenfall’s offshore wind energy business, described the declaration of cooperation as “a big step towards the development of offshore wind farms in the Baltic Sea and the climate.”

Of today’s announced MoU, Jung said: “We believe that cooperation between industrial and energy companies is an important step forward in our goal of enabling a life without fossil fuels. After talking to the Synthos team, this is something we both agree on.”

Zbigniew Warmuz, CEO of Synthos, praised Vattenfall’s experience, and said it means “we can change the Polish economy and implement deep decarbonization.”

Poland does not currently have any operational offshore wind farms. Back in July, the Ministry of Development released a new draft of the Offshore Act, revising its contracts for difference (CfD) mechanism. The latest draft increases maximum capacity from 4.6 GW to 5.9 GW and accelerates the timeline, to speed up progress in the sector.

In its National Energy and Climate Plan (NECP), Poland identified offshore wind as one of key technologies to meet its goals for renewable energy for 2030. It is also a strategic project in the draft of Poland’s Energy Policy until 2040. It will help diversifying the Polish national power generation structure that today heavily depends on coal.

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

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Vattenfall explores Baltic Sea options with Synthos

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