Wind Energy Strikes a New Record

Power Market Energy has recently published 2017 data on the energy generated by wind energy in Poland. The numbers were better than expected. Polish wind farms produced 14,9 TWh of green energy, which sets a new record for renewable energy production from wind energy in Poland. The power generated in 2016, i.e. one year ago, was 12,6 TWh.

Even though “green” energy in Poland is not of considerable importance compared with other power sources, the share of renewable energy from wind is slowly growing. In 2017, wind farms supplied over 8 percent of electric power in Poland. Wind energy generation is improved partly due to the greater number of wind turbines and the fact that newer constructions are better adapted to the local environment and average winds that prevail in Poland over strong winds.

The Importance of Wind Energy in Poland:

The number and size of Polish wind energy farms may soon grow rapidly, as PKN Orlen, one of the biggest corporations in the country and the biggest domestic player in the oil industry, revealed its plans for investment into this type of energy production. According to media reports, Orlen wants to construct an offshore wind farm with the capacity of generating 1200MW of power. This is one-fifth of what the already existing wind farms in Poland can generate. The company recently opened tender proceedings for technical specifications.

– Initiation of the wind farm project is in line both with our strategic assumptions and the plans for the development of the Polish economy towards low-emission solutions – says Marcin Walewski from PKN Orlen. The company recently completed another big investment connected with the power industry: construction of a gas heat and power plant in Włocławek. Another project which is underway is a gas block in Płock. It is also possible that PKN Orlen will be involved in the erection of the first Polish nuclear power plant.

Investment Outlook and Business Perspective

Poland remains one of the most attractive investment destinations in the European Union. With GDP exceeding EUR 650 billion, Poland is the sixth largest economy in the EU and the largest in Central and Eastern Europe. The country has maintained positive economic growth for over three decades, including through multiple global crises.

Foreign direct investment in Poland continues to grow, driven by the country’s strategic location, skilled workforce, EU membership, competitive costs, and improving infrastructure. Key sectors attracting investment include manufacturing, technology, business services, logistics, and financial services.

For investors considering entry into the Polish market, proper structuring of the investment vehicle is crucial. The choice between a sp. z o.o. (LLC), S.A. (joint-stock company), branch office, or joint venture depends on the investment size, sector, tax considerations, and long-term strategic objectives. Professional advisory can help optimize the structure from both operational and tax perspectives.

If you are doing business in Poland or considering entering the Polish market, Zalewski Consulting can help. Learn more about our corporate tax advisory, or contact us for a free consultation.