BASF betreedt de energieopslagindustrie

Does BASF deliver green energy?

We deliver green energy to every BASF location in Europe. The BASF subsidiary Renewable Energy GmbH, established in 2022, grew out of a team with a handful of employees. Horatio Evers, Managing Director, says: “We deliver green energy to every BASF location in Europe.”

Is BASF a good investment?

The BASF stock is especially attractive for investors that take ecological, social and governance criteria into account. BASF Renewable Energy GmbH is responsible for the procurement and trading of Renewable Energy at BASF. We set the pace and create new ideas for BASF on its way to net zero emissions.

What is a BASF product volume?

Sales product volumes include sales between BASF Group companies; merchandise is not taken into account. Primary energy used in BASF’s plants as well as in the plants of our energy suppliers to cover energy demand for production processes. Purchased renewable power has a primary energy conversion efficiency rate of 100%.

How does BASF invest in renewable power?

Firstly, BASF is investing in its own renewable power assets. Secondly, we are purchasing green power on the market through long-term supply agreements with plant operators, power purchase agreements or renewable energy certificates, depending on the region and market regulations.

What is BASF's corporate strategy?

Climate protection, responsible use of resources as well as the circular economy are anchored in BASF’s corporate strategy. BASF wants to reduce its greenhouse gas emissions by 25 percent compared with 2018 and to have net zero emissions by 2050.

Does BASF invest in solar?

BASF is not only investing in offshore wind parks, but also in solar. Together with enviaM-Gruppe, a leading regional energy service provider in eastern Germany, BASF in Schwarzheide is planning to build a solar park as a joint venture, which should start operations in 2022.