Poland Defies Europe’s Offshore Wind Malaise With First Auction

Poland will on Wednesday kickstart its first offshore wind auction, pressing ahead with plans to ramp up green energy production amid a fast-approaching exit from coal and tender cancellations elsewhere in Europe.

The nation has emerged as an outlier on the continent in developing offshore wind in recent years. Poland awarded early projects outside the auction procedure and continued development with the help of foreign partners such as Orsted AS and Northland Power Inc. Some tenders in Europe have been canceled due to spiraling costs, supply chain bottlenecks and limited visibility over future revenues.