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BASF enters long-term agreement to secure renewable energy certificates, supporting Scope 2 emissions reduction at U.S. sites.
January 28, 2026
By: David Savastano
Editor
BASF has signed a 15-year agreement with BP Energy Retail Company to acquire Renewable Energy Certificates (RECs). These certificates are linked to approximately 47 megawatts (MW) of annual capacity from Swift Current Energy’s Castle Gap Wind project in Central Texas. By securing RECs, BASF can offset carbon-intensive, grid-supplied electricity attributed to multiple U.S. locations, helping to reduce emissions in its value chain. “This long-term agreement marks a significant st...
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