Danske Commodities has announced a historic deal to support two major offshore wind projects in Poland. The energy trading company has signed balancing agreements for Bałtyk 2 and Bałtyk 3, with a total combined capacity of 1.4 gigawatts. This marks the largest renewables deal in Danske Commodities’ history.
Key Details of the Agreement
Under the agreement, Danske Commodities will trade and balance the power produced by Bałtyk 2 and Bałtyk 3. The projects will be integrated into the Polish wholesale and balancing electricity market. Once operational, the two offshore wind parks will supply clean energy to about two million Polish households.
Bałtyk 2 and Bałtyk 3 are joint ventures between Polenergia (50%) and Equinor (50%). Polenergia is the largest private energy group in Poland, while Equinor is a leading global developer of offshore wind. The wind parks are located in the Baltic Sea and are crucial to Poland’s renewable energy transition.
Strategic Expansion in Poland
Helle Østergaard Kristiansen, CEO at Danske Commodities, said, “We are proud to announce the biggest renewables deal in company history as Danske Commodities is set to trade and balance 1.4 GW from Bałtyk 2 and Bałtyk 3. With almost 15 years of power trading experience from the Polish market, Poland is now emerging as a core renewables market for us, and we look forward to continuing growing our asset portfolio.”
This agreement follows an earlier deal signed by Danske Commodities for Equinor’s third solar park, Lipno, in Poland. The addition of offshore wind projects Bałtyk 2 and Bałtyk 3 solidifies Danske Commodities’ commitment to growing its presence in Poland’s renewable energy sector.
Supporting Equinor’s Strategic Ambitions
The expansion supports Equinor’s strategic goals. The parent company of Danske Commodities aims to help Poland’s energy transition. Equinor is developing a diverse energy portfolio with both onshore and offshore renewable sources.
With these offshore wind projects, Danske Commodities will play a key role in Poland’s renewable energy future. This supports the country’s clean energy goals and contributes to the broader European energy transition.