Danske Commodities signs balancing agreements for Polish offshore windfarms

Danske Commodities will offtake 100% of the projects, 1.4 GW, which makes this the biggest renewables deal for the company yet.

Under the agreement, Danske Commodities will be responsible for trading and balancing the power produced from Baltyk 2 and Baltyk 3 in the Polish wholesale and balancing electricity market. 

Once operational, the two offshore windfarms will have a combined capacity of 1.4 GW and help supply 2M Polish households with clean energy from the Baltic Sea. 

Both projects are owned by Polenergia (50%), the largest Polish private energy group, and energy major Equinor (50%).

Danske Commodities chief executive Helle Østergaard Kristiansen, said, “We are proud to announce the biggest renewables deal in company’s history, trading and balancing 1.4 GW from Baltyk 2 and Baltyk 3. 

“With almost 15 years of power trading experience in the Polish market, Poland is emerging as a core renewables market for us, and we look forward to continuing to grow our asset portfolio.”

“With the buildout of renewables in Poland, Danske Commodities is ready to support Equinor and third-party energy producers, creating value uplift from power trading,” said Ms Østergaard Kristiansen.