ORLEN launches Baltic Energy Initiative with 13 regional partners

Key highlights

Initiative and membership

ORLEN and 13 energy companies and organisations from Northern and Central Europe have established the Baltic Energy Initiative to strengthen energy security and competitiveness in the Baltic Sea region.

Priorities and planned projects

The partners will collaborate on offshore wind, closer integration of the LNG and bioLNG markets, creation of a regional hydrogen market, carbon transport and storage (CCS), and development of small modular reactors (SMRs). The initiative is intended as a platform for pooling expertise, sharing experience and developing projects with international reach.

Partnership aims and funding

Signatories will work together to access European Union programmes and other international funding, facilitate cross-border projects, share knowledge and develop recommendations on regulations and support mechanisms relevant to the region's energy transition.

Infrastructure resilience and policy voice

Protecting energy infrastructure is a stated focus: participants will share experience on critical infrastructure protection, cyber security, emergency preparedness and responses to physical and hybrid threats, and jointly assess projects and financing to enhance resilience. The group also aims to present common positions to European institutions to better communicate regional needs and unlock the Baltic Sea region's energy potential.

Source: ORLEN

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