Danske Commodities to Offtake Full Capacity from 1.4 GW Polish Offshore Wind Projects

November 26, 2024, by Adnan Memija

Energy trading company Danske Commodities has signed balancing agreements for the Bałtyk 2 and Bałtyk 3 offshore wind projects in the Polish sector of the Baltic Sea.

Danske Commodities will offtake 100 per cent of the projects, totalling 1.4 GW, which makes this the biggest renewables deal for the company yet.

Under the agreement, the company will be responsible for trading and balancing the power produced from Bałtyk 2 and Bałtyk 3 in the Polish wholesale and balancing electricity market.

“We are proud to announce the biggest renewables deal in company history as Danske Commodities is set to trade and balance 1.4 GW from Bałtyk 2 and Bałtyk 3. With almost 15 years of power trading experience from the Polish market, Poland is now emerging as a core renewables market for us, and we look forward to continuing growing our asset portfolio,” said Helle Østergaard Kristiansen, CEO at Danske Commodities.

Being built approximately 37 and 22 kilometres from the coastline near Ustka and Łeba, the two projects are owned by the Polish private energy group Polenergia and Norway’s Equinor.

The Bałtyk 2 and Bałtyk 3 offshore wind farms received all the required construction permits in August. The two projects will have a total capacity of 1,440 MW and be able to supply over two million households with renewable energy, according to the developers.

Recently, Equinor Polska signed agreements with project companies to provide operation and maintenance services to the two offshore wind farms.

After the two 1.4 GW projects, Equinor and Polenergia plan to also build the Bałtyk 1 offshore wind farm. This third project is planned to have an installed capacity of up to 1,560 MW.