PGE and Orsted notified an individual price for the OWF Baltica 2 and Baltica 3

Polska Grupa Energetyczna (PGE) and Ørsted have notified an individual price in a contract for difference for both joint stages of the Baltica Morska Farma Wiatrowa project – Baltica 2 and Baltica 3, the companies said. After verification of the documentation by the Energy Regulatory Office (ERO) and the Office of Competition and Consumer Protection (UOKiK), it was submitted to the European Commission.

“The determination of the final energy prices in the contract for difference with the European Commission is one of the key elements that will allow us to make the final investment decision regarding the construction of the Baltica Offshore Wind Farm. The contract for difference will secure a large volume of energy at a fixed price, which is a benefit not only for investors, but above all for energy consumers, ”said

PGE CEO Wojciech Dąbrowski, quoted in the press release. The companies expect the decision of the European Commission in the next few months. “We hope to end the talks with the European Commission this fall, that is about a year after submitting the application to the ERO. However, the EC’s decision does not end the process of determining the final price for the contract for difference. Then there will be a verification by the Energy Regulatory Office, which will decide on the final level of support for each of the two stages of the Baltica Offshore Wind Farm “- added Søren Westergaard Jensen, director of the Baltica Offshore Wind Farm on behalf of Ørsted and acting Managing Director of the offshore area in Ørsted Polska.

The PGE Group generates 41% of net electricity production in Poland, and its share in the heat market is 18%. The Group estimates its share in the market of energy from renewable sources at 10%. In the distribution area of ​​approx. 123 thousand. km2 PGE serves 5.5 million customers. Its market share in terms of the volume of distributed electricity is 25% and sales to end users – 33%. The company has been listed on the WSE since 2009.

Ørsted is a Danish-based concern, which is presently present in 10 markets, starting from the United States of America, through European countries, and ending with Asia. Ørsted develops, builds and operates offshore and onshore wind farms, solar farms, energy storage and bio-power plants, and supplies energy products to its customers. In 2020, the group’s revenues amounted to DKK 52.6 billion (EUR 7.1 billion).


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