Poles Target Offshore Wind Development Declaration
- Business & Finance
The Polish Wind Energy Association (PWEA) and the Polish Offshore Wind Energy Society (PTMEW) have established a cooperation to support the development of the offshore wind sector in Poland.
The aim of the collaboration is to establish a multilateral Declaration of Cooperation for Polish Offshore Wind Energy Sector Development, which would be signed by the government, offshore wind investors and the supply chain.
According to the parties, the agreement will support the development of offshore wind by setting the targets of having 3GW of installed capacity by 2025, 10GW by 2030 and 20GW by 2040.
The goals also include establishing a stable framework for the pipeline of projects, increasing the local content share in the supply chain, as well as the growth of annual total export value from the local supply chain.
The declaration is said to be inspired by the UK’s Offshore Wind Sector Deal. The final version is expected to be completed by the end of June.
To remind, at the end of 2018, Poland revealed plans to develop 8GW of offshore wind energy in the Baltic Sea by 2035.
The country recently initiated a public consultation process on a draft bill to support the development of the sector.