Orsted and PGE Start Baltica 2 Build

Why It Matters

Baltica 2 will markedly boost Poland’s renewable capacity, reducing reliance on fossil imports and creating a long‑term, stable source of zero‑emission power. The development also signals strong investor confidence in Europe’s offshore wind market and sets a precedent for future large‑scale projects in the region.

Key Takeaways

• Ørsted and PGE begin offshore construction of 1.5 GW Baltica 2
• Van Oord installs 111 monopiles, each ~1,500 tonnes
• 107 Siemens Gamesa 14‑MW turbines will power ~2.5 million homes
• Project secured 25‑year inflation‑protected CfD with Polish state
• Commissioning slated for 2027, boosting Poland's energy security

Pulse Analysis

Poland’s offshore wind ambitions have taken a decisive step forward with the launch of Baltica 2, a 1.5 GW project jointly owned by Ørsted and PGE. The Baltic Sea, long dominated by fossil‑fuel imports, is now becoming a hub for clean energy as European nations push for deeper decarbonisation. Ørsted, a global offshore wind leader, brings extensive project expertise, while PGE provides critical local market insight and state backing, creating a partnership that mirrors the collaborative model seen in other successful European offshore ventures.

The engineering scale of Baltica 2 is noteworthy. Van Oord, a specialist installation contractor, has already placed 111 massive monopiles—each over 100 metres long, more than 10 metres in diameter, and weighing roughly 1,500 tonnes—using its Aeolus and Svanen vessels. The farm will host 107 Siemens Gamesa 14‑MW turbines, a configuration that will deliver 5‑6 TWh of electricity per year, enough for about 2.5 million Polish households. Installation work is slated to continue through Q4 2026, with full commissioning expected in 2027, aligning with Poland’s broader target to secure 11 GW of offshore wind capacity by the end of the decade.

Beyond the technical feats, Baltica 2 carries significant economic and strategic weight. The 25‑year inflation‑protected contract‑for‑difference guarantees a stable revenue stream, mitigating market risk and encouraging further private investment in the region. The project is projected to generate thousands of jobs during construction and operation, fostering a nascent offshore wind supply chain in Poland. By delivering a large, zero‑emission power source, Baltica 2 strengthens national energy security, reduces dependence on imported gas, and positions Poland as a competitive player in the rapidly expanding European offshore wind market.