BASF and Siemens Energy to cooperate in the field of Carbon Management
As part of a strategic partnership, BASF and Siemens Energy plan to accelerate commercial implementation of new technologies designed to lower greenhouse gas emissions.
Several pilot projects at its Ludwigshafen site are under discussion. BASF’s headquarters is one of the largest chemical production sites in the world.
Possible pilot projects include the construction of a PEM (proton exchange membrane) electrolyzer for hydrogen production with an output of 50 megawatts with the possibility of modular capacity expansions and the installation of a high-temperature 50 megawatts thermal heat pump for generating process steam from waste heat in a production plant. In addition, a modernization of the power grid at the Ludwigshafen site using digital and CO2-optimized products from Siemens Energy is being evaluated. Furthermore, a study is underway to assess the potential for common system and catalytic converter development in an effort to boost the efficiency of electrolysis plants (PEM electrolysis) and for collaboration in generating electricity from wind energy.
- By joining forces with BASF, we want to exploit the experience gained in pilot projects as a basis for implementation of new technologies and concepts and thus play an active role in shaping the energy transition in the process industry. Our strategic objective, in our role as a reliable and experienced partner for all types of energy systems, is to help address the growing demand for goods and services and at the same time contribute towards achieving the climate protection targets on our path to a more sustainable world, Dr. Christian Bruch, Chief Executive Officer of Siemens Energy AG said.
Strategic partnership for industrial use of low-CO2 technologies
- At BASF, we want to develop and implement new low-CO2 technologies as quickly as possible. If we want to use such technologies on a large scale, we will need appropriate regulatory framework conditions and targeted support. We need renewable electricity in large quantities for this, and we need it at competitive prices, Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE said.
BASF has sought further reduction of greenhouse gas emissions within the scope of its Carbon Management since 2018. Until the year 2030, the absolute level of BASF’s emissions is targeted not to exceed that of 2018.
- With a planned substantial increase in production volumes, this means a further reduction of the emission intensity by around 30 percent in this period.