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Wind Power

Wednesday
21 May 2025

Equinor, Polenergia Take FID on Baltyk 2&3

21 May 2025  by renews   
Equinor and Polenergia have finalized investment decisions for the Bałtyk 2 and Bałtyk 3 offshore wind projects in Poland, with a combined capacity of 1440 MW. The projects, with an estimated investment of PLN 27 billion (approximately €6.4 billion, excluding financing costs), mark a significant step in advancing Poland’s renewable energy infrastructure.

Located in the Polish Exclusive Economic Zone of the Baltic Sea, Bałtyk 2 is approximately 37 km offshore, while Bałtyk 3 is 22 km from the coast. The wind farms will feature 100 advanced wind turbines, each 260 meters tall, capable of generating enough energy from a single rotor rotation to power a Polish household for four days. Together, the projects are expected to supply renewable energy to over 2 million households in Poland by their completion in 2028.

Dominika Kulczyk, chairwoman of Polenergia’s supervisory board, highlighted the milestone: “This is a very important, symbolic moment that seals years of planning and preparation and at the same time opens a completely new chapter in Polenergia’s further dynamic development.” She emphasized the Polish-Norwegian partnership’s role in transforming offshore wind from a nascent concept into a reality in Poland.

Michel Jerzy Kołodziejczyk, Equinor’s country manager in Poland, also spoke on the projects’ impact: “Bałtyk 2 and Bałtyk 3 represent some of the largest infrastructure projects in Poland’s history. Their execution will significantly enhance the country’s energy security and independence while creating jobs in a developing sector.” He noted that the renewable energy generated will boost Poland’s economic competitiveness, with Equinor as the future operator collaborating closely with Polish companies and institutions for safe and efficient construction.

The wind farms will include Poland’s largest offshore substations, each with a 720 MW capacity, and two onshore substations connected by a 14 km underground cable line. Designed for a 30-year lifespan, the projects will operate under 25-year Contracts for Difference, ensuring long-term stability.

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