- The European Commission’s antitrust chief Margrethe Vestager on Monday signed off on the German government’s plan to subsidize chemical giant BASF’s efforts to generate green hydrogen at its headquarters in Ludwigshafen starting in 2025.
- The facility aims to go online in 2025 and to produce around 5,000 metric tons of renewable hydrogen and 40,000 metric tons of oxygen per year from 2025.
- The main reason BASF is interested in producing green hydrogen is the chemical industry’s reliance on the gas for various purposes such as ammonia production and in the refining industry.
EU approves German state funding of BASF renewable hydrogen bid 03.10.2022
