Initiative
BASF: securing green power through long-term agreements for sustainability
Initiative
Publishing organisations:
Editorial team
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
Company with 250 or more employees
-
Policy type
-
-
Green transition
-
Share
Comments (0)
See also
-
14
Hollandse Kust Zuid: advancing carbon management with a large-scale offshore wind farm
Relevant countries: Germany
Organisation types: Company with 250 or more employees
Next progression check date:
- Categories
-
35
Verbio: building a bio-based specialty chemical plant for sustainable production
Relevant countries: Germany
Organisation types: Company with 250 or more employees
Next progression check date:
- Categories
-
146
BASF: advancing CO2-free hydrogen production with electrolysis and methane pyrolysis
Relevant countries: Germany
Organisation types: Company with 250 or more employees
Next progression check date:
- Categories