BASF: green light for financing of PEM electrolyzer

(CercleFinance.com) - BASF has announced that it has reached a "major milestone" in the construction of a proton exchange membrane electrolyzer.


Franziska Brantner, Parliamentary State Secretary at the Federal Ministry of Economics and Climate Action, presented the official funding notification to Dr. Melanie Maas-Brunner, member of the Board of Directors of BASF SE and Ludwigshafen site manager.

In cooperation with Siemens Energy, the water electrolysis work at the Ludwigshafen site - the so-called Hy4Chem-EI project - can now enter the next construction phase.

With an output of 54 megawatts (MW) and a capacity of up to 8,000 tonnes of hydrogen per year, the PEM electrolyser will be one of the largest of its type in Germany once operational, assures BASF.

Powered by electricity from renewable energy sources, the system will produce CO2-free hydrogen and thus reduce greenhouse gas emissions at the site by up to 72,000 tonnes per year.

BASF and Siemens Energy plan to start operating the water electrolysis plant in 2025.


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