BASF warns: CfDs impede industry's mitigation strides

The German chemical major touts more PPAs and fewer contracts for difference across the energy sector.

At the BASF production facility in Ludwigshafen, the annual power consumption amounts to approx. 6TWh – or roughly 1% of all of Germany’s electricity demand. | Photo: Basf/pr

by anne filbert, translated by simon øst vejbæk

Energy-intensive industries gear up to replace large consumption of fossil energy sources with renewable alternatives, but even though turbines and photovoltaics are rolled out extensively these years, the transition is not without its challenges.

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BASF sells half of newly acquired Hollandse Kust Zuid
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BASF looks to Denmark for green pathways
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