Nationalization of the electricity grid: Why it's not so unlikely.. As of: March 25, 2024, 5:04 p.m By: Bleranda Shabani CommentsPressSplit During an interview, BASF CEO Martin Brudermüller caused a stir: He spoke out in favor of nationalizing the electricity grids in Germany.

The energy transition is fundamentally changing the chemical company's current power supply, he says. According to the CEO of BASF, this price is unsustainable and decarbonization is no longer feasible.