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Clean energy from the Baltic Sea. Ørsted and ZEPAK want to build offshore wind farms together

Clean energy from the Baltic Sea.  Ørsted and ZEPAK want to build offshore wind farms together

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.

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