ZE PAK and Ørsted plan to establish a joint venture in which each will own half of the shares. After that, as it was announced, they will participate in auctions of marine sites in the Baltic Sea.
– Wind energy is one of the pillars of ZEPAK’s strategy to transition to zero-emissions energy production, and I am pleased to have the opportunity to start collaborating with Ørsted – says Zygmunt Solorz, Lead Shareholder and Chairman of the Supervisory Board of ZE PAK, adding: Offshore wind energy, Ørsted, number one in The world in this field, is the best possible partner. Ørsted’s potential, achievements and experience in producing clean energy is truly impressive and can undoubtedly support the energy transformation of both ZEPAK and the entire Polish energy sector.
Ørsted built the world’s first offshore wind farm. Today, the company owns 12 GW renewable energy sources, of which 7.6 GW are overseas. One investment is Hornsea 1, the world’s largest offshore wind farm with a capacity of 1.2 gigawatts.
– Poland made the right decision, focusing on offshore wind energy as a basis for transforming the energy system in order to reduce carbon dioxide emissions and over the coming decades to provide businesses and households with adequate and competitive electricity supplies while shutting down their depleting coal power plants – says Martin Neubert, Commercial Director and Deputy Director General in Ørsted.
In his opinion, “by combining local knowledge with global experience,” ZE PAK and Ørsted could support Poland on the path from fossil to renewable energy, while creating thousands of local jobs.
Poland plans to diversify its domestic energy sources by building renewables on a large scale and reducing the share of coal in energy production from around 70 percent. Currently it is up to 11-28 percent. In 2040. Currently, there are no offshore wind farms in Poland, but as part of the transition to a low-emissions economy, 5.9 GW of these farms will be produced in our part of the Baltic Sea by 2030, and 11 GW by 2040.
ZEPAK is the fifth largest energy producer in Poland. The Warsaw-listed company has announced that it will withdraw from coal power by 2030 at the latest and intends, among other things, to join the fast-growing green hydrogen market.
– At ZEPAK, we try to handle the details and take real action to shift to clean energy production and reduce carbon dioxide emissions. Like Ørsted, we have our “best” and our “first” – we have just finished building the largest solar farm in Poland, we will be the first to start producing green hydrogen, we are leaders in reducing CO2 emissions, and most importantly we will be the first Who stays away from coal in Poland? Offshore wind energy will be an important part of ZEPAK’s transformation into a clean and green energy product – says Piotr Woźny, CEO of ZEPAK.
– We are pleased to be able to establish a collaboration with ZEPAK, which has initiated an ambitious green transition and its strategy to shift from fossil fuels to renewable energy will help Poland achieve its goals of reducing carbon dioxide emissions – adds Rasmus Erbow, Vice President in charge of Continental Europe at Ørsted.
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