States in and around the Baltic Sea area have an opportunity to ‘create a truly regional green energy market’. Cooperation between the states should strengthen as the Memorandum of Understanding has been signed. The memorandum outlines communication between the states and lays out significant development of grid infrastructure as well as joint RES development initiatives. The European Commission, European Council and European Parliament have all publicly backed the cooperation as it is necessary to meet certain EU 2030 targets. In this set of targets, the share of green energy in the total energy consumption should reach 27%.

The Vice-President of the Polish Wind Energy Association, Izabella Kielichowska, has said “IHS CERA demonstrated that more than 100 GW of new green capacity may be built in the Baltic Sea region by 2030. Two thirds of that figure will be in onshore and offshore wind farms, with a further quarter in PV. Regional cooperation will enable to use more of the tremendous RES potential and contribute better integration of the energy market in the European Union.”