Danske Commodities enters Poland’s renewables market with first PV deal

Danske Commodities balancing solar park Poland

Photo: Andrzej Matyja / WSP / Equinor


October 5, 2022






October 5, 2022





Danske Commodities signed a balancing agreement with one of the biggest photovoltaic plants in Poland. Wento, also a subsidiary of Norway’s Equinor, has just completed the Stępień solar park, with 57.5 MW in capacity.

Energy trading company Danske Commodities has signed a balancing agreement for the Stępień photovoltaic plant in Poland. The deal marks its entry into the country’s renewables market.

The Danish company will provide market access and balancing for the facility developed and operated by Wento. Both are owned by Norway-based Equinor. Stępień has a capacity of 57.5 MW, making it one of the biggest solar power plants in Poland.

Support for Equinor’s projects in region

“With more than 10 years of experience trading power in the Polish market, we will use our trading expertise to support energy producers with balancing and route-to-market services,” said Danske’s Vice President and global trading and market development chief Jesper Tronborg.

The trading firm said it would support Equinor’s strategic ambitions for onshore renewables in the region. The Nordic energy giant bought Wento last year.

Two more solar parks under construction

The subsidiary has two more solar parks under construction in Poland, where it is developing projects with a combined capacity of 1.6 GW. Equinor said the two units, with more than 110 MW in total, would be ready by 2024.

Stępień is located near the Baltic shore and the border with Lithuania. It spans 65 hectares and has over 100,000 solar panels. Annual output is estimated at 61 GWh, which is equivalent to the electricity consumption of 31,000 Polish households. Equinor revealed plans to bring the electricity from the solar plant to the market through a power purchase agreement (PPA).

Danske Commodities said it has a contract portfolio of more than 7 GW in renewables in Europe. It trades power, gas and certificates and offers hedging, optimization and balancing services in 37 European markets, according to its website.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Electricity prices to be increased in Republic of Srpska from New Year

Increase of electricity prices in the Republic of Srpska as of January 2023

02 December 2022 - A large part of electricity consumers in the Republic of Srpska will be getting higher bills after the New Year

EU Energy Community support Serbia energy transition Várhelyi

EU, Energy Community extend support to Serbia in its energy transition

02 December 2022 - Minister of Mining and Energy Dubravka Đedović met with top officials from the European Union and Energy Community Secretariat

Romania allows prosumers to install photovoltaic panels in several locations

Romania allows prosumers to install photovoltaic panels in several locations

01 December 2022 - The Government of Romania adopted an executive order to make it easier for prosumers to connect solar panels to the distribution grid

Greece joins European Single Intraday Coupling sidc

Greece joins European Single Intraday Coupling

01 December 2022 - Intraday markets of 25 European countries are now united and the integration has been completed.