Friday, October 21, 2022

Baltic Power met for the third time with companies interested in participating in the construction and operation of an offshore wind farm

Baltic Power met for the third time with companies interested in participating in the construction and operation of an offshore wind farm

More than 400 people from 215 companies met at the Baltic Power Supply Chain Meeting 2022 in Sopot. The third edition of the Baltic Power conference focused on the key suppliers, who presented the scopes of the planned works, the schedules for their execution and the areas in which they are looking for Polish suppliers. The construction of the Baltic Power farm is planned for 2024 - 2026, and the participation of Polish companies in the project is estimated at around 25% over the entire life cycle of the farm.

Beginning in 2020, Baltic Power has held annual supplier conferences to present the status of work on the investment and the current status of supply chain preparations for the project. With tendering procedures completed and contracts secured with suppliers for all key elements of the farm, this year's Suppliers Day followed a completely new format. It was the main suppliers of the project who presented detailed schedules of the planned works, their requirements, information on the procurement processes and information on areas in which they are still looking for services from Polish suppliers.

- Both PKN ORLEN and Northland Power, as shareholders in the Baltic Power project, recognise the huge development potential of offshore wind energy in Poland. The Baltic Power project itself has already resulted in ORLEN Group's decision to build the first installation terminal in Świnoujście and our wind turbine supplier's decision to locate a new state-of-the-art turbine component factory in Szczecin, from which it will supply global markets. The Polish value chain of the offshore wind sector is developing on front of our eyes, and by organising events such as Suppliers Day we want to actively support its development,' says Jarosław Trybuchowicz, President of the Management Board of Baltic Power.

The event, which was intended to focus on building relationships and enabling business contacts, was divided into two parts. During the first, Baltic Power introduced all selected suppliers, who then presented information on their role in the project. In the second part, conference participants had the opportunity to meet individually with representatives from all twelve main suppliers and discuss opportunities for collaboration both on the Baltic Power project - and more broadly in the offshore wind supply chain. A total of 46 representatives of the main suppliers held 278 individual meetings with event participants during this time.

- Next year we make the final investment decision, which means that we have all the contracts secured. Next year we also close the financing process for the project, which means that we finish discussions with the banks and are ready to receive the first funds. In 2024 we will start installing the foundations and in 2025 we will install the turbines, at the same time we will start laying cables and put up the substations. In 2026 we will meet you again to celebrate the commissioning of the Baltic Power farm," emphasised Jarosław Broda, Member of the Board of Baltic Power, during the opening of the conference.

All presentations discussed during the conference and its video recording are available on the OffshoreMeeting2022.balticpower.pl platform. The materials on the website will be available to all existing registrants and new users for a minimum of six months after the conference.

The Baltic Power offshore wind farm is currently the most advanced and most dynamically developing offshore wind project in the Polish part of the Baltic Sea. 76 wind turbines, with a capacity of 15 MW, will be installed in an area located approximately 22 kilometres from the shore at Łeba and Choczewo. With a capacity of up to 1.2 GW, the Baltic Power offshore wind farm will be able to supply more than 1.5 million households with clean energy annually for more than 25 years.

 

 

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