Vessel Contracts for Baltica 2 Offshore Wind Farm Finalized
PGE Group and Ørsted have contracted vessels to install the second part of the wind turbines for the Baltica 2 project, one of two phases of the Baltica Offshore Wind Farm.
The installation of wind turbines for Baltica 2 was divided into two phases, and the contractor for each phase was selected by separate tenders. The second batch of turbines will be installed by Cadeler, and with this agreement PGE and Ørsted finalized the contracts for the installation of the turbines. In early January, the contract for the installation of the first batch of turbines was awarded to Fred. Olsen Windcarrier.
Cadeler is a leading global contractor for the construction, maintenance and decommissioning of offshore wind farms. Originally from Denmark, the company has specialized in the installation of turbines for offshore for more than 15 years.
PGE and Ørsted have already contracted all the necessary components for the Baltica 2 offshore wind farm, as well as signed contracts for the installation of foundations, turbines, and cables. The partners also selected the general contractor for the onshore connection infrastructure. They already obtained all the necessary construction permits. The last step before the construction begins will be the final investment decision (FID).
Baltica 2 is one of two stages of the Baltica Offshore Wind Farm – next to Baltica 3. PGE and Ørsted plan to deliver Baltica 2 of 1.5 GW capacity by the end of 2027 and Baltica 3 of 1 GW capacity by 2030. The project is subject to final investment decision. Baltica 2 and Baltica 3 will create the Baltica Offshore Wind Farm of 2,5 GW total capacity. It will contribute significantly to Poland’s green energy transition, delivering clean energy for nearly four million households in Poland.
About the PGE Group
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 over 5.6 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 developing renewable energy sources – especially based on wind and sun energy, as well as investments in energy storage, construction of a nuclear power plant, upgrade of energy distribution grid and decarbonizing heat generation segment. The PGE Group’s investment plan covers the country’s largest investment in offshore wind power plants. The PGE Group’s Offshore Program includes development of the 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. Thanks to new seabed areas acquired in the Baltic Sea the PGE Group will be able to develop further offshore wind projects by 2040. Including currently developed projects it will allow for achieving over 7 GW total capacity installed in the offshore wind. This makes PGE Group the biggest investor in Poland’s offshore wind in terms of capacities planned for development.
About Ørsted
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 over 700 employees (approx. 8,000 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. Ørsted is on the CDP Climate Change List and as a global leader in climate action. In 2022, the group’s revenue was DKK 132.3 billion (EUR 17.8 billion).
