A large firm cannot, as a rule, simply buy the necessary green electricity for a large plant on the market. The necessary infrastructure is required to obtain electricity exclusively from renewable sources as well as the cooperation of the electricity grids and the electricity market operator. This is the only way to make climate targets practically feasible. The chemical company BASF has now initiated such cooperation in the southern province of Guangdong. The Ludwigshafen-based company wants to build a Verbund site in the city of Zhanjiang that will be supplied with 100 percent green electricity in its first phase – and has initiated a mechanism with the provincial government for the direct purchase of green electricity starting in 2019.
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