Polar lows (PLs) are maritime mesoscale cyclones associated with severe weather. They develop during marine cold air outbreaks near coastlines and the sea ice edge. Unfortunately, our knowledge about the mechanisms leading to PL development is still incomplete. This study aims to provide a detailed analysis of the development mechanisms of a PL that formed over the Norwegian Sea on 25 March 2019 using the output of a simulation with the sixth version of the Canadian Regional Climate Model (CRCM6/GEM4), a convection-permitting model. First, the life cycle of the PL is described and the vertical wind shear environment is analysed. Then, the horizontal wind divergence and the baroclinic conversion term are computed, and a surface pressure tendency equation is developed. In addition, the roles of atmospheric static stability, latent heat release, and surface heat and moisture fluxes are explored. The results show that the PL developed in a forward-shear environment and that moist baroclinic instability played a major role in its genesis and intensification. Baroclinic instability was initially only present at low levels of the atmosphere, but later extended upward until it reached the mid-troposphere. Whereas the latent heat of condensation and the surface heat fluxes also contributed to the development of the PL, convective available potential energy and barotropic conversion do not seem to have played a major role in its intensification. In conclusion, this study shows that a convection-permitting model simulation is a powerful tool to study the details of the structure of PLs, as well as their development mechanisms.