Poland's Offshore Wind Sector to Create 200,000 Jobs, Boost GDP by PLN 450 Billion

Poland's Offshore Wind Sector to Create 200,000 Jobs, Boost GDP by PLN 450 Billion

Poland's burgeoning offshore wind sector is poised to create 200,000 new jobs and generate a GDP increase of PLN 450 billion by 2040, according to a new report by McKinsey & Company. The comprehensive study, unveiled on Tuesday, highlights the vast economic potential of Poland's commitment to renewable energy.

The report underscores that the development of offshore wind farms in the Baltic Sea will significantly contribute to the national economy. By 2030, the sector is expected to produce up to 11 gigawatts (GW) of energy, with a long-term goal of reaching 28 GW by 2050.

Industry leaders such as PGE Baltica and Ørsted are at the forefront of these advancements. PGE Baltica, a subsidiary of state-owned Polska Grupa Energetyczna (PGE), has already secured substantial investments and partnerships to propel its offshore wind projects. Ørsted, a global leader in offshore wind, is actively collaborating with PGE Baltica, emphasizing the sector's international appeal and investment potential.

The Polish government has recognized the strategic importance of offshore wind energy in achieving energy security and reducing carbon emissions. The Ministry of Climate and Environment has implemented a comprehensive regulatory framework to facilitate investments and streamline project approvals.

McKinsey & Company’s report also highlights the ancillary benefits of the offshore wind industry. These include advancements in related sectors such as shipbuilding, port infrastructure, and logistics, which are expected to receive a significant boost from the wind energy projects.

Poland’s commitment to offshore wind energy aligns with the European Union's Green Deal objectives, aiming for carbon neutrality by 2050.

Source: wnp.pl