Baltic Energy Initiative launches with 14 companies in nine countries
In Poland, ORLEN has joined forces with 13 energy companies and organizations from Northern and Central Europe to establish the Baltic Energy Initiative. The partners will work together on projects designed to strengthen energy security and competitiveness across the region, covering offshore wind, LNG and bioLNG, hydrogen, carbon capture and storage (CCS), nuclear power and small modular reactors (SMRs).
The agreement has been signed by 14 organisations from: Poland, Finland, Sweden, Denmark, Germany, Lithuania, Latvia, Estonia and Norway. Alongside ORLEN, the signatories are Eesti Energia, Enefit, Fortum, KN Energies, DNV Energy Systems, Topsoe, Siemens Energy, Adven, Steady Energy, P2X Solutions, Latvenergo, Gasgrid Finland and Orsted.
The Baltic Energy Initiative will serve as a platform for pooling expertise, sharing experience and working together to develop projects with an international reach. The priorities include offshore wind, closer integration of the LNG and bioLNG markets, the creation of a regional hydrogen market, carbon transport and storage, and the development of small modular reactors. The partners will also cooperate in seeking funding from European Union programmes and other international sources.
Category: Fuels
