PWEA together with the Embassy of the United Kingdom organised an experts’ debate on offshore wind farms and energy potential of the Baltic Sea. The debate was reported in the “Rzeczpospolita” daily paper.
Our country may join wind energy tycoons and exhibit installed capacity potential higher than the United Kingdom currently exhibits, the participants argued. However, attracting investors to the Baltic Sea requires a stable regulatory framework.
The investor’s appetite increased after Ministry of Energy announced the energy strategy for Poland at the end of 2018. Its draft provides that by 2040 we will build more than 10 GW of wind energy capacity in the Baltic Sea.
Today, offshore wind investments reach billions USD. Bloomberg New Energy Finance data demonstrate that the sector attracted USD 25.7 billion only in 2018, 14 percent more than in 2017. United Kingdom is the leader, but it is pursued by Asian tigers such as China, India or Taiwan.
In accordance with Janusz Gajowiecki from PWEA a stable regulatory framework is crucial for the development of the sector in Poland. It is particularly important in the context of experiences of the onshore wind industry. “In the case of the Baltic Sea we cannot afford the legislative confusion the decision-makers treated to onshore wind farms,” Gajowiecki notes.
Who wants to invest in the Polish Baltic Sea? What benefits may be gained by the Polish economy?
Read the entire debate herej.