Developers Northland Power and PKN Orlen’s giant 1.2GW Baltic Power offshore wind project off Poland is moving ahead following the award of a contract for difference (CfD) by the eastern European country’s energy regulator.

The CfD, which has a 25-year term, will cover any “negative balance of electricity” generated by the Baltic Sea project and fed into the grid, via a PLN319.60/MWh