Insights

Economic growth

Offshore wind farms (OWFs) reflect the largest kind of investment projects in the renewable energy sector.

Back to all references

The costs of such investments, calculated for a single OWF, usually range from one half to several billion of Euros. The potential for investment development in the offshore wind energy sector in Poland is estimated at €30 billion until 2030, which will have great economic importance for Poland.  Establishing OWFs in Polish waters will significantly boost the development of selected sectors of the economy, such as industrial production, logistics and transport services, engineering and design-research services, research and development of industrial and recreational areas.

Widespread concern for the impact of global challenges means caring for future generations. By investing in renewable energy projects, we contribute to resource conservation and climate protection.

There are currently several dozen companies on the Polish market specializing in the production of components for OWFs in almost all aspects of the supply chain. In particular, these include environmental research, assessments, foundation components, cables, vessels, ship services, project development, preparation, planning and supervision of construction, wind measurements, offshore logistics, operation and maintenance services and many other services – from initial planning to conducting OWF operations.

Therefore, the construction of OWFs in Polish maritime areas will have a positive and strong impact on the economic development of ports and harbor cities along the Polish and Baltic coast.  Infrastructure investments amounting to hundreds of millions of euros will provide work for hundreds of workers. Creating new jobs in innovative sectors of the economy will stimulate the need to develop new competences on the labor market, which will have a positive impact on the entire economy – by building a knowledge-based economy.

The implementation of investments in Polish maritime areas may bring the Polish economy huge revenues from indirect taxes and CIT paid by companies directly and indirectly related to the offshore wind energy sector. To this day, investors have paid over PLN 100 million to the state budget alone for the fees associated with OWF location permits issued.

The average cost for installing the capacity of 1 MW offshore power currently lays between 2 and 3 million Euro, not including the costs of grid connections (from the transformer station of the OWF to the onshore grid connection point).  In order to create truly favorable framework conditions, it will be necessary to seek the involvement of many national and international entities with both adequate financial resources and experienced project teams by creating a comprehensive program for the development of offshore wind energy, transparent and based on market competition.

A central aspect in the industry’s activities related to offshore wind development in Poland is the sectoral agreement between representatives of investors, industry and the government.   This so-called “sector deal” is aimed to stimulate more Polish companies to join the supply chain for offshore wind energy in Poland, is expected to be finalized and signed by mid 2021.

If you want to know more about my experience, please contact me
Pawel Beecken
Senior Project Manager Sea Wind Group
Contact me
More References
Insights
Insights
Polish Offshore Wind Market – An Overview
Offshore wind energy is a key technology for the development of renewable energy in Poland.
Read more
Consulting
Consulting
Modular transformer platform
Project management during the construction of a modular transformer platform
Read more
Consulting
Consulting
XXL Monopile
Project management for a 1600t weight and 90m length pile
Read more

SEA WIND MANAGEMENT GMBH

Alter Wall 65 20457 Hamburg, Germany ​
Tel: +49 40 35 983 69 00

SEA WIND POLSKA SP. Z O.O.

Ul. Tadeusza Wendy 15 81-341 Gdynia, Poland
Tel: +48 58 688 81 00