Initiative
BASF: securing green power through long-term agreements for sustainability
Initiative
Publishing organisations:
Editorial team
Relevant countries:
Germany
Organisation types:
Company with 250 or more employees
Next progression check date:
BASF will purchase green power on the market through long-term supply agreements with plant operators, green power agreements or renewable energy certificates, depending on the region and market regulations. A key purchasing criterion is the “additionality” of the electricity purchased. This means that electricity is primarily sourced from new renewable energy facilities. We signed several power-purchase agreements recently in Europe with:
1. Ørsted: 186 megawatts (until next 25 years)
2. ENGIE: ~21 megawatts (until next 25 years).
Editorial team
Topics
Germany
Company with 250 or more employees
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Policy type
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Green transition
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