Ørsted enters JV with Polish energy firm on local offshore wind licenses

The two partners will jointly partake in a coming auction for seabed lease in the Polish Baltic Sea, according to a statement.

Photo: Ørsted / PR

Danish utility Ørsted has signed a letter of intent with Poland's largest privately owned energy firm, Ze Pak, to establish an equally owned joint venture that will bid on offshore wind licenses in the Polish Baltic Sea, Ørsted writes in a statement.

The two partners are to jointly partake in an upcoming auction for seabed lease in the Polish part of the Baltic, and should Ørsted and Ze Pak end up winning here, they will also submit bids in the coming auctions for offshore wind contracts for difference. These auctions are expected to be held in 2025 and 2027.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Danish carbon storage can run at max from day one

TotalEnergies can't see the need to pilot carbon storage under the Harald field in the Danish North Sea. Rather, the supermajor wants to begin at full scale if the Bifrost project manifests. Although much now depends on two forthcoming events: presentation of political strategy and allocation of EUDP money.

Europe’s carbon price has almost tripled in 2021

European carbon futures rose above EUR 80 a tonne on Friday for the first time, testing the resolve of politicians who are promising to act aggressively on climate change while grappling with inflation that’s tearing into economies across the globe.

Further reading

Related articles

Latest News

See all jobs