The European Union has launched a new platform that consolidates key data on offshore wind projects in the Baltic Sea. The RES Auctions Platform is a deliverable of the EC Communication Wind Power Action Plan (COM(2023) 669 final). This platform consolidates the main information from Member States on planned renewable energy auctions in the EU. It aims to provide companies with higher visibility of expected deployment volumes, thus helping the industry better plan their investments.

Poland is making substantial strides in offshore wind energy with two major auctions scheduled:

– Q2 2027: An auction for 4000 MW of offshore wind capacity.

– Q2 2029: An additional 2000 MW of capacity is set to be auctioned.

These auctions reflect Poland’s commitment to expanding its renewable energy portfolio and reducing carbon emissions.

Germany, a key player in the offshore wind sector, has an ambitious auction schedule for the Baltic Sea:

– Q1 2024: 8000 MW

– Q1 2025: 4500 MW

– Q1 2026: 3500 MW

– Q1 2027: 4000 MW

– Q1 2028: 4000 MW

– Q1 2029: 4000 MW

– Q1 2030: 4000 MW

These auctions signify Germany’s dedication to achieving its renewable energy targets and ensuring a sustainable energy future.

Impact on the Baltic Sea Region

The planned auctions in Poland and Germany will significantly enhance the offshore wind capacity in the Baltic Sea. This development is crucial for Europe’s renewable energy strategy, contributing to energy security, economic growth, and environmental sustainability. The increased capacity will not only supply clean energy to millions of households but also create job opportunities and foster technological advancements in the renewable energy sector.

For more details on these auctions, visit the Union Renewable Development Platform.

Source: EC

The post Offshore wind auctions in the Baltic Sea region: Insights from the EU RES Auctions Platform appeared first on Baltic Wind.

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