Revenue Application

In May 2021, the Bałtyk 3 offshore wind farm, developed by Equinor and Polenergia alongside the twin Bałtyk 2 project, received decisions from Poland’s Energy Regulatory Office (URE) granting the right to cover the negative balance for electricity generated and fed into the grid. This marks the formal eligibility of Bałtyk 3 for support under Poland’s Phase I offshore wind Contract for Difference (CfD) regime established by the Offshore Wind Promotion Act. The decision applies jointly to Bałtyk 2 and Bałtyk 3, together totalling about 1,440 MW, and is a prerequisite for determining the project’s final CfD settlement price. It effectively secures the project’s access to a 25‑year support mechanism, underpinning bankability and enabling further development towards investment decision and construction.