Wind Energy – Poland
Ocean Winds (OW) has been awarded a contract-for-difference (CfD) for 369.5 MW by the Polish Energy Regulatory Office for the B&C-Wind offshore wind farm.
Obtaining a CfD is a key milestone for project development, bringing it closer to the final investment decision (FID), and recognizes B&C-Wind as one of the most developed offshore wind projects in Poland.
The project site is located in the Exclusive Economic Zone of Poland’s Baltic Sea, approximately 23 km offshore. The offshore wind farm will cover an area of 90 km2 with water depths varying from 30 to 60 meters.
In accordance with ordinance of the Ministry of Climate and Environment in Poland and the law on promoting electricity production in offshore wind farms, the CfD strike price is set at 319.60 zlotys (PLN) per MWh corresponding to €71.0/MWh (at current EUR/PLN of 4.50).
Grzegorz Gorski COO of Ocean Winds and CEO of OW Polska said: “With this CfD award we reach an important milestone in the development of B&C Wind Project which will even accelerate now towards reaching the Final Investment Decision and start of construction. We have been already collaborating with numerous Polish suppliers in our projects in construction the UK, Belgium and Portugal and will be happy to work with them (and many more!) in their home country. This is also just the first step for OW in Poland, with Polish offshore wind program accelerating, we have the ambition, together with Polish partners, to develop, build and operate many more projects.”