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Ørsted Environmental & Social Information 2021
3378_iss_2021-04-07_992ac463-f5d8-445a-b4f0-5444d912ef42.pdf
Environmental & Social Information
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Company announcement No. 19/2021
INTERNAL
Ørsted Kraftværksvej 53 Skærbæk DK-7000 Fredericia
www.orsted.com Company registration no. (CVR no.) 36 21 37 28
7 April 2021
Poland now has a solid foundation to be developed and it is currently the PGE Capital Group's priority. In our application for the CfD we also presented how we intend to carry out our investments in offshore wind farms as the leader of this new industry in Poland. We are committed to strengthen the local supply chain."
Poland's roadmap for offshore wind
Poland's energy policy until 2040 singles out offshore wind as a key technology to make Poland a low-emission economy, and Poland's Offshore Wind Act specifies Poland's ambitions for offshore wind: From zero offshore wind capacity today, Poland commits to install 5.9 GW by 2030, up to 11 GW by 2040, and analyses suggest a potential of up to 28 GW in Polish waters by 2050. This will make Poland the biggest market for offshore wind in the Baltic region and contribute significantly to the European Commission's target of 300 GW offshore wind capacity in European waters by 2050 to meet the EU's climate neutrality goal.
The Polish Wind Energy Association estimates that the realization of the offshore wind capacity targets in the Polish Offshore Wind Act will unlock EUR 29 billion investments.
Several Polish companies are already active in the offshore wind industry as suppliers of cables, foundations, cranes and vessels for installation and service of offshore wind turbines. And Polish ports in the Baltic Sea region have the potential to become hubs for installation, service and maintenance of offshore wind farms.
The information provided in this announcement does not change Ørsted's previous financial guidance for the financial year 2021 or the announced expected investment level for 2021.
For further information please contact:
Ørsted Group Media Relations
Tom Christiansen +45 99 55 60 17 [email protected]
Ørsted Investor Relations
Allan Bødskov Andersen +45 99 55 79 96 [email protected]
About Ørsted
INTERNAL