Offshore wind rising to challenge king coal in Polish energy market

Poland’s energy and electricity markets are undergoing major changes. As costs fall in the offshore wind industry, it is becoming price-competitive with coal. Building offshore wind farms in the Baltic would provide energy security, fuel clean growth and create jobs. Turning to offshore wind is not without political risk in a country like Poland in which coal has long played such an important role, but Polish prime minister Mateusz Morawiecki now appears to be an advocate of wind power and Poland has emerged as one of several northern and east European countries in which offshore wind looks set to play a much larger role in future. Supporting the move towards renewable energy, Poland has taken the first steps to introduce greater flexibility into its energy system but ageing grid infrastructure will require modernisation. Speaking to OWJ in early May, MAKE offshore analyst Søren Lassen and his colleagues see Poland as a prime example of an emerging northern and eastern European offshore wind market where significant potential has been created by the steep fall in the cost of offshore wind … Continue reading Offshore wind rising to challenge king coal in Polish energy market