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POLAND WIND ENERGY MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECAST (2022
- 2027)

The Polish Wind Energy market is segmented by Location of Deployment (Offshore
and Onshore).





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Home Industry Reports Energy & Power Poland Wind Energy Market - Growth, Trends,
COVID-19 Impact, and Forecast (2022 ...
Table Of Contents Download Sample
 * About This Report
   * Market Snapshot
   * Market Overview
   * Scope of the report
   * Key Market Trends
   * Competitive Landscape
   * Major Players
   * Recent Developments
 * Table of Contents
 * Frequently Asked Questions

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MARKET SNAPSHOT

Study Period: 2019-2027 Base Year: 2021 CAGR: >7.5 %


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MARKET OVERVIEW

The Polish wind energy market is expected to record a CAGR of more than 7.5%
during the forecast period. The Polish wind energy market fairly remained
unaffected during the outbreak of the COVID-19 pandemic in Q1 of 2020 as the
country's installed wind energy capacity increased by 1 gigawatt (GW). It was
expected the economic slowdown would have a negative impact on renewable
projects. However, no significant impact was seen in key wind projects. Factors
such as the declining cost of wind power generation, increasing sensitivity
toward environmental issues, and support from the government through financial
incentives will drive the market for wind energy during the forecast period. On
the flip side, the substitution of solar energy and gas-fired power plants is
expected to continue to restrain the market. The solar energy industry achieved
cost reduction significantly higher than the wind energy sector.

 * With a significant onshore wind energy capacity of around 6.26 GW in 2020,
   the onshore sub-sector is expected to dominate the wind energy market in
   Poland during the forecast period.
 * Increased demand for electricity in the country is expected to provide market
   opportunities for wind power development. The massive wind power potential
   and a decline in the cost of wind energy are expected to provide widespread
   business opportunities to the market in the coming years.
 * Favorable government policies and increasing investments in the wind energy
   sector will likely drive the market during the forecast period.


SCOPE OF THE REPORT

The Polish wind energy market report includes:

Location of Deployment Onshore Offshore

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KEY MARKET TRENDS

ONSHORE SEGMENT IS EXPECTED TO DOMINATE THE MARKET

 * Onshore wind energy is expected to dominate the market during the forecast
   period. Wind energy has become a significant source of support for Portugal
   to achieve carbon neutrality by 2050.
 * Onshore wind energy capacity in Poland reached 6,267 MW in 2020, and it is
   projected to grow and reach between 8 GW to 10 GW by 2030, as per the
   country's goals, which is expected to propel the market throughout the study
   period.
 * With the commissioning and announcements of several wind power projects in
   Portugal, onshore wind energy is expected to dominate the market during the
   forecast period. For instance, in 2021, German wind farm developer VSB Group
   announced it had started constructing its more than 42MW Baranów-Rychtal
   onshore wind farm in Poland. Expected to be completed in 2023, the project
   will be located in Kepno in the Wielkopolska region and will feature 11
   Nordex turbines.
 * Additionally, in December 2021, Abu Dhabi's renewable energy company Masdar
   and the Taaleri SolarWind II fund announced the inauguration of its new
   onshore wind farms of a combined 51.4 MW in Poland that the two investors own
   jointly. The projects include the 37.4-MW Mlawa wind park in the northern
   province of Mazowieckie and the Grajewo project, which combines two wind
   parks of 14 MW located in Podlaskie in the north-east region of the country.
 * Hence, with recent developments, the onshore wind energy market is expected
   to witness significant growth during the forecast period.



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GOVERNMENT POLICIES AND INCREASING INVESTMENTS TO DRIVE THE MARKET

 * Favorable government policies will drive the wind energy market in Portugal.
   The government has launched various government policies and initiatives to
   support the growth of renewable energy and wind energy deployment in the
   country. For instance, in its National Energy and Climate Plan 2021-2030, the
   Polish government pledged its ambitious 2030 targets in the European Union.
   It wants to increase the share of renewable energy to at least 32% by
   focusing on biomass, offshore wind, and biofuels.
 * In January 2022, wind energy generated a majority share of 61.3% of renewable
   energy generation, followed by solar and others, as per BP statistical review
   of world energy 2021.
 * Also, the Polish government is looking to decrease the share of coal in
   Poland's energy mix to 60% by 2030 and 30% by 2040, which will drive the wind
   energy market in Poland during the forecast period.
 * In 2020, European Investment Bank (EIB) announced it had passed a loan to PGE
   Polska Grupa Energetyczna of EUR 64 million to finance the construction of
   wind farms along the Baltic coast and a 30 km transmission line connecting
   the turbines to the grid, thus driving the growth of the market with
   investments.
 * Moreover, to enable ambitious offshore wind projects, Poland enacted the
   Offshore Wind Act, which has laid down the first set of rules governing the
   construction and operation of wind farms in the Baltic Sea. This has enabled
   Polish power producers and foreign partners to receive subsidies and develop
   offshore wind projects in the Baltic sea. The country aims to reach up to 11
   GW offshore wind installed capacity by 2040.
 * Hence, government support and rising investments in renewable energy are
   expected to drive the wind energy market growth during the forecast period.




COMPETITIVE LANDSCAPE

The Polish wind energy market report is moderately fragmented. Some of the major
players include Acciona SA, Orsted AS, Siemens Gamesa Renewable Energy, Vestas
Wind Systems AS, and EDF Renewables.


MAJOR PLAYERS

 1. EDF Renewables
 2. Orsted A/S
 3. Acciona S.A.
 4. Siemens Gamesa Renewable Energy
 5. Vestas Wind Systems A/S




RECENT DEVELOPMENTS

 * In November 2021, German renewable energy producer Pacifico Renewables Yield
   AG announced the acquisition of a 51.8 MW wind farm portfolio in Poland. It
   also revealed that the acquired assets in northern Poland include a total of
   20 Vestas turbines that were commissioned by the end of the first half of
   2021 and are expected to generate about 191 GWh of green electricity
   annually.
 * In August 2021, GE Renewable Energy and PKN ORLEN signed a Memorandum of
   Understanding to explore ways to work together to support the development of
   offshore wind projects in Poland, which is expected to award up to 10.9 GW of
   offshore wind projects by 2030 and up to 28 GW of offshore wind by 2050.


TABLE OF CONTENTS

 1. 1. INTRODUCTION
    
    1. 1.1 Scope of the Study
    
    2. 1.2 Market Definition
    
    3. 1.3 Study Assumptions

 2. 2. EXECUTIVE SUMMARY

 3. 3. RESEARCH METHODOLOGY

 4. 4. MARKET OVERVIEW
    
    1. 4.1 Introduction
    
    2. 4.2 Wind Energy Installed capacity and Forecast in GW, Poland, till 2027
    
    3. 4.3 Recent Trends and Developments
    
    4. 4.4 Government Policies and Regulations
    
    5. 4.5 Market Dynamics
       
       1. 4.5.1 Drivers
       
       2. 4.5.2 Restraints
    
    6. 4.6 Supply Chain Analysis
    
    7. 4.7 PESTLE Analysis

 5. 5. MARKET SEGMENTATION
    
    1. 5.1 Location of Deployment
       
       1. 5.1.1 Onshore
       
       2. 5.1.2 Offshore

 6. 6. COMPETITIVE LANDSCAPE
    
    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and
       Agreements
    
    2. 6.2 Strategies Adopted by Leading Players
    
    3. 6.3 Company Profiles
       
       1. 6.3.1 Vestas Wind Systems AS
       
       2. 6.3.2 Orsted AS
       
       3. 6.3.3 Acciona SA
       
       4. 6.3.4 EDF Renewables
       
       5. 6.3.5 EDP Renewables
       
       6. 6.3.6 Siemens Gamesa Renewable Energy
       
       7. 6.3.7 GE Renewable Energy
       
       8. 6.3.8 GDF Suez
       *List Not Exhaustive

 7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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FREQUENTLY ASKED QUESTIONS

WHAT IS THE STUDY PERIOD OF THIS MARKET?

The Poland Wind Energy Market market is studied from 2019 - 2027.

WHAT IS THE GROWTH RATE OF POLAND WIND ENERGY MARKET?

The Poland Wind Energy Market is growing at a CAGR of >7.5% over the next 5
years.

WHO ARE THE KEY PLAYERS IN POLAND WIND ENERGY MARKET?

EDF Renewables, Orsted A/S, Acciona S.A., Siemens Gamesa Renewable Energy,
Vestas Wind Systems A/S are the major companies operating in Poland Wind Energy
Market.


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