The Economic Importance of Offshore Wind Energy Development in Poland

Abstract

The European Union’s climate policy aims to reduce greenhouse gas emissions by 55% by 2030 and to achieve climate neutrality by 2050. One of the instruments for achieving these climate goals is the development of offshore wind energy. Unfortunately, Poland, as one of the few European Union countries with access to the sea, does not have offshore wind farms yet. The purpose of this article is to determine the importance of offshore wind energy for the development of Poland based on the example of two sea regions: the West Pomeranian and Pomeranian Voivodeships. This article uses the input–output method to determine the economic effects of offshore wind power. The region’s share in the supply chain was determined based on the location of the offshore wind energy sector. A comparative analysis with the Saint-Brieuc offshore wind farm in France made it possible to show the differences between the studied locations. The supply chain share of the regions surveyed was 2.28% and 6.00% in the CAPEX phase and 5.98% and 8.23% in the OPEX phase. The annual average global value in the CAPEX phase at the country level was EUR 2793 million, and at the regional level, EUR 243 million and EUR 663 million. In the OPEX phase, the corresponding values are EUR 2106 million, EUR 223 million and EUR 663 million. The average annual employment in the CAPEX phase at the national level amounted to 26,323 jobs and at the regional level, 1953 and 5804. In the OPEX phase, employment amounted to 4790, 558 and 751 jobs, respectively. On the other hand, the average annual value added in the CAPEX phase at the national level was EUR 1221 million, and at the regional level, it was EUR 106 million and EUR 290 million. In the OPEX phase, it was EUR 920 million, EUR 97 million and EUR 239 million, respectively. While not all of the findings are conclusive, in general, the domestic offshore wind industry has weaker economic linkages and lower wage levels than the location adopted for comparison. It uses more labour-intensive economic sectors with lower OPEX value added. The results of the analyses presented in this paper are of crucial importance not only for Poland, as their advantage is the possibility to present, from an economic point of view, the profitability of this type of investment in general.