Ørsted and PGE have reached the final investment decision (FID) on the 1.5 GW Baltica 2 Offshore Wind Farm, which will be developed, owned, and operated as a 50/50 partnership. Located approximately 40 km off the Polish coast near Ustka, the wind farm is expected to be fully commissioned by the end of 2027.
Baltica 2 has secured a 25-year inflation-protected contract for difference (CfD) with the Polish state. All necessary permits are in place, and a grid connection contract has been signed with Polish transmission system operator PSE.
All major component and vessel contracts have been finalised, securing the majority of the project's capital expenditure. The wind farm will use the Port of Gdansk for storage, pre-assembly, and offshore installation of turbine components. It will feature 107 Siemens Gamesa 14 MW-222 wind turbines, installed by Cadeler and Fred. Olsen Windcarrier, while Van Oord will handle foundation and offshore substation installation.
The CfD will commence after commissioning in 2027, with an initial price per MWh based on the 2021 agreed rate of EUR 71.82, adjusted for accumulated inflation. The price will continue to be indexed to inflation annually. After the CfD period ends, Baltica 2 will operate under market electricity prices or new power purchase agreements.
