Baltic Eagle is a 475MW offshore wind power project. It is planned in Baltic Sea, Mecklenburg-Vorpommern, Germany. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.

Project Type	Total Capacity (MW)	Active Capacity (MW)	Pipeline Capacity (MW)	Project Status	Project Location	Project Developer
Offshore	475	–	475	Permitting	Mecklenburg-Vorpommern, Germany	Iberdrola

Description

The project is being developed and currently owned by Iberdrola.

The project is expected to generate 1,900,000MWh electricity and supply enough clean energy to power 475,000 households. The project is expected to offset 1,000,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $1,935.625m. The project will be spread over an area of 40km². The turbines will be mounted on fixed monopile foundations and will be interconnected by 66kV inter-array cable.

Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.

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Contractors Involved

Vestas Offshore Wind will be the turbine supplier for the wind power project. The company is expected to provide 50 units of V174-9.5 MW turbines, each with 9.5MW nameplate capacity.

Vestas Offshore Wind is expected to perform operations and maintenance for the wind power project for a period of 10 years.

Iberdrola SA (Iberdrola) is an energy utility. It constructs, operates and manages power generation plants, transmission and distribution facilities and other assets. The company produces electricity using conventional and renewable energy sources. It also trades electricity and gas in wholesale markets; and retails electricity, gas, and other related products and services. Iberdrola retails energy to residential, commercial, industrial, institutional and other customers. In its transition to a sustainable energy model, the company makes considerable investments in smart grids, renewable energy, large-scale energy storage and digital transformation, Iberdrola operates in Europe, North America, South America and other regions. Iberdrola is headquartered in Bilbao, Vizcaya, Spain.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.