Hogan Lovell OffshoreBook 2023 230809 OnlinePDF - Flipbook - Page 195
Offshore Wind Worldwide 2023
On 15 September 2021, the Polish Offshore
Wind Sector Deal was signed by c.a. 200 representatives from the Polish Government,
investors, the wind industry, local Governments, and higher education in Poland, with
the aim to support the development of
the offshore wind sector in Poland and to
maximise the share of local content in Polish
projects.12
1.2 Expectations of future developments
in the market until 2030 and beyond
According to the PEP 2040, the offshore
wind capacity to be available by 2030 is 5.9
GW and by 2040 is 11 GW. Principles for the
updated of the PEP 2040 provides a very
high level of expectation of RES which is that
about 50% of energy production should
come from RES.13 And this included also RES
produced from OWFs. To date, nearly 10
OWF projects are under development (see
below) and there is an appetite for many
more. The medium-term forecast for the
future development of OWFs according
to the Act on the Promotion of Electricity
Generation in Offshore Wind Farms (the
Offshore Wind Act14) (and corresponding to
the business cases of the most advanced
project) was granted support to OWFs of
5.9 GW in the first phase in 2021 (the first
projects are expected to supply electricity
195
by 2025 – 2026). In the subsequent steps,
the Offshore Wind Act aims at increasing the
total capacity of OWFs to be covered by the
support scheme by 2.5 GW in 2025, and by a
further 2.5 GW in 2027, providing a total of 11
GW of operating OWFs by 2040. A number
of other sources are more optimistic: according to the European Wind Energy Association WindEurope, the potential for Poland’s
wind energy in the Baltic Sea is estimated
at 28 GW by 2050 which is one-third of the
capacity that could theoretically be generated there.15 A report prepared by Polskie
Stowarzyszenie Energetyki Wiatrowej (Polish
Wind Energy Association) (PWEA Raport)
determines the Polish Baltic Sea energy
potential at the level of 33 GW and provides
new areas for construction of OWFs (phase
3) of 17,7 GW (70.7 TWh).16
Also, other entities related to OWFs look at
Poland with a great appetite. On 19 January
2023, a joint venture agreement was signed
among IDA S.A., Baltic Towers sp. z o.o.,
and the Spanish company GRI Renewable
Industries, S.L. for the implementation of a
joint venture to build a new tower factory in
Gdańsk for offshore wind energy.
12 The Polish Offshore Wind Sector Deal of 15 September 2021 is available at https://www.gov.pl/web/klimat/podpisano-porozumienie-sektorowena-rzecz-rozwoju-morskiej-energetyki-wiatrowej-w-polsce
13 Source: Principles for the updated of the Energy Policy of Poland until 2040, available at https://www.gov.pl/web/klimat/zalozenia-do-aktualizacji-polityki-energetycznej-polski-do-2040-r (in Polish and English)
14 The Act of 18 December 2020 on the Promotion of Electricity Generation in Offshore Wind Farms; available at https://isap.sejm.gov.pl/isap.nsf/
DocDetails.xsp?id=WDU20210000234 (in Polish only)
15 Source: Our energy, our future. How offshore wind will help Europe go carbon-neutral, Wind Energy Report, November 2019, available at https://
windeurope.org/wp-content/uploads/files/about-wind/reports/WindEurope-Our-Energy-Our-Future.pdf
16 Source: The Potential of Offshore Wind Energy in Poland. Comprehensive analysis of offshore wind energy development opportunities in Polish marine areas. An abridged version of the report, Polish Wind Energy Association, November 2022, available at https://konferencja-offshore.pl/wp-content/
uploads/2022/11/FarmyMorskie_RaportShort_Prev.pdf (only in Polish)
