BASF and Rheinland plan to support climate protection with new technology cooperation

● By adopting green power and innovative production technologies, BASF's Ludwigshafen site will become a benchmark for climate protection in the chemical industry

● A new offshore wind farm with a total installed capacity of 2 GW will provide BASF with green power from 2030 and help achieve a zero-carbon production process

● Both parties signed a letter of intent for cooperation, focusing on achieving climate neutrality in the chemical industry and zero-carbon hydrogen production

Recently, Dr.
Martin Brudermüller, Chairman of the Executive Board of BASF Europe, and RWE CEO Markus Krebber, accompanied by Michael Vassiliadis, Chairman of the German Union for Mining, Chemistry and Energy (IG BCE), jointly announced the A very forward-looking plan to achieve sustainable production in the chemical industry - a new offshore wind farm with a total installed output of 2 GW will provide green power to BASF's chemical production site in Ludwigshafen, Germany, And help achieve zero-carbon hydrogen production
.
The plan aims to promote the transition of the production process of basic chemicals from the current fossil energy to electricity
.

This will involve multiple zero-carbon technologies, such as electrically heated steam crackers for the production of petrochemicals
.
BASF is developing these technologies together with relevant partners
.
To advance this joint project, the CEOs of BASF and RWE have signed a letter of intent to collaborate on a wide range of projects, including new renewable energy power facilities and innovative technologies for climate protection
.

"Together, we want to accelerate the transition to carbon neutrality in the chemical industry through electrification and zero-carbon hydrogen production," said Brudermüller and Krebber
.
IG BCE Chairman Michael Vassiliadis commented: "Two powerful partners are working together to achieve the energy transition in a practical and effective way.
, to protect the climate
.
We support this major project because it is so representative
.
It will inspire energy innovation in the industry and inspire practitioners from all fields who are working towards this transformation with great passion and expertise
.
They deserve the greatest possible support
.
"

After the implementation of the above-mentioned plans, 3.
8 million tons of carbon dioxide emissions will be reduced every year, of which 2.
8 million tons will come directly from BASF's Ludwigshafen site
.
This clearly shows that the chemical industry can find a balance between climate protection and corporate competitiveness to achieve a harmonious and win-win situation
.
Construction of wind farms will not require public subsidies
.

Brudermüller, Chairman of the Executive Board of BASF Europe, emphasized: "Without sufficient renewable electricity at competitive prices, future transformation will be impossible! Success comes from close and innovative cooperation between government and industry, as well as collaboration across the entire industry chain.

.
RWE, a leader in the power industry, and BASF, a leader in the chemical industry, provide the necessary prerequisites for change
.
”

Markus Krebber, CEO of RWE, added: “It is the first time in Germany to equip an industrial customer like BASF with an offshore wind farm, thereby enabling the green power supply of the manufacturing process and the production of hydrogen
.
Realizing this plan can accelerate the growth of renewable energy
.
Of course, There are still a lot of unresolved issues, but we will continue to move forward, the sooner the better
.
This is how we achieve the energy transition
.
”

Achieving this plan requires an appropriate regulatory framework
.
Policymakers have said they will significantly increase renewable energy growth targets and accelerate capacity increases
.
In order to achieve these goals, tenders are required for offshore project sites planned to be commissioned after 2030
.
The companies urged that these site tenders should designate bids focused on industrial transformation
.
Another important factor: Green electricity should not be charged a renewable energy surcharge (EEG)
.
In addition, there is currently no relevant regulatory framework for carbon-free hydrogen production
.

In a project released today, BASF and RWE show how German industry can be successfully transformed through clever planning
.
"We are convinced that climate-neutral industrial production brings added value to 'Made in Germany', creating jobs and promoting technology exports," said Brudermüller and Krebber
.