In future, BASF will purchase offshore wind energy from Ørsted

The agreed supply contract will help meet BASF’s increased electricity needs through the use of low-emission technologies and bring the company closer to its goal of becoming climate-neutral by 2050. he chemical company wants its CO2– Reduce emissions by 25% by 2030 compared to 2018. The contract has a term of 25 years. This agreement is an important step for Ørsted in making the final investment decision for Borkum Riffgrund 3, which is expected by the end of 2021. The Danish group has set itself the goal of having a CO2-to achieve neutral energy generation and complete decarbonisation of its entire value chain by 2040. By 2030, Ørsted wants to have installed 50 gigawatts of renewable energy capacity, of which 30 gigawatts will come from offshore wind energy. (gun)

Reference-www.zfk.de

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