Polish energy companies PGE, Enea and Tauron have signed a letter of intent to cooperate on the development of future offshore wind farms off the coast of Poland.
PGE management board president Wojciech Dąbrowski said the letter of intent is the first step towards the trio establishing a company to build offshore wind farms.
He said: “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.”
Tauron Polska Energia chief executive Wojciech Ignacok said: “Using the energy potential of the Baltic Sea requires the construction of an efficient financing mechanism, cooperation of Polish companies and specialised competences.
“Today’s agreement will bring about a synergy effect in the construction of Polish offshore wind capacity.”
Enea chief executive Pawel Szczeszek said: “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.”
PGE said it expects to have offshore wind farms totalling 2.5GW operating by 2030 and by 6.5GW 2040.
The company is currently in the process of selecting an industry partner for the Baltica 2 and 3 wind farms, which have a total capacity of 2.5GW.
It said the letter of intent will not affect that process.