Saturday, January 23, 2021
Home Electricity Baltic TSOs to strengthen cooperation for the future of offshore grid

Baltic TSOs to strengthen cooperation for the future of offshore grid

The Transmission System Operators (TSOs) of the Baltic Sea Region (Fingrid from Finland, Svenska kraftnät from Sweden, Energinet from Denmark, 50Hertz from Germany, Elering from Estonia, AST from Latvia and Litgrid from Lithuania) responsible for maintaining and developing the transmission systems agreed to start the preparation work for the establishment of a cooperation for the Baltic Sea offshore grid.

The intended purpose of the cooperation titled Baltic Offshore Grid Initiative is to develop common planning principles for Baltic Sea offshore energy network, enable the consideration of the Baltic Sea offshore grid in the ENTSO-E Ten-Year Network Development Plan and perform studies that support the common vision for the offshore grid in the Baltic Sea region.

The initiative should contribute to the CO2 reduction and to the development of an environmentally friendly energy system for the future.

The signing TSOs have recognised that the Baltic Sea region has the potential to make a significant contribution towards green energy policy goals by means of offshore wind development and cross-border electricity transmission. An offshore grid will be part of the solution to harness the potential but lots of radial connections will also be needed.

Study on Baltic offshore wind energy cooperation under BEMIP has analysed the Baltic Sea potential that exceeds 90 gigawatts (GW). The total energy amount that could be produced is 325 terawatts-hour (TWh) per year.

According to the signatories of the Memorandum of Understanding, a carbon-neutral society in the future can be enabled through closer cross-border cooperation, information exchange and further development of studies for a possible offshore network. Offshore investments are substantial, need comprehensive studies and common understanding and require political support from the European Commission and member state governments.

Most Popular

Hydrogen: is it hype or new reality?

Marta Halabala, a senior associate at Asters, writes about the factors that have contributed to an increased focus on hydrogen and how Ukraine can be a priority partner to implement the European Hydrogen Strategy.

Beyond 9 to 5: saving the environment by working from home?

After a year of continuous lockdowns, many believe that we should change our past working patterns. Teleworking has overarching implications on many fields of our lives, from digitalisation to sustainability.

MET Group completes acquisition of 42 MW wind park in Bulgaria

MET Group has completed the acquisition of a 42 MW wind park in Bulgaria from Enel Green Power. The transaction is part of MET’s growth strategy to develop a significant renewable portfolio in CEE.

Offshore wind-green hydrogen projects are not competitive with fossil-fuel-made version yet

Companies see a big potential in offshore wind development with several large-scale farms planned to be completed in the next 5 years. However, looking at the economics of blending green hydrogen with offshore wind, Rystad Energy finds that high costs remain a show-stopper.