Chemical giant BASF and leading energy technology company Siemens Energy announced a new strategic partnership, with the aim of accelerating commercial implementation of new technologies designed to lower greenhouse gas emissions in chemical production. The companies will collaborate on a series of pilot projects, combining BASF’s technological expertise with Siemens Energy’s innovative product and services portfolio. The collaboration will focus on hydrogen production, heat pumps and power grid upgrades.
Dr. Martin Brudermüller, Chairman of the Board of Executive Directors of BASF SE, said:
“By cooperating with Siemens Energy, we stand to benefit from the expertise of a first-class partner for implementing our carbon management, a partner with whom we can accomplish projects of a commercial scale. 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.”
The partners are considering numerous pilot projects for BASF’s Ludwigshafen site. Potential pilot projects include the construction of a PEM (proton exchange membrane) electrolyzer for hydrogen production with an output of 50 MW, the installation of a high-temperature 50 megawatts thermal heat pump for generating process steam from waste heat in a production plant, and a modernization of the power grid at the Ludwigshafen site using digital and CO2-optimized products from Siemens Energy.
Dr. Christian Bruch, Chief Executive Officer of Siemens Energy AG, said:
“BASF is in a leading position in the chemical industry and is a pioneer in the area of innovation for climate-compatible production of chemicals. Numerous future technologies are still at an early stage of development. 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.”