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Possible EU subsidy for CO2 storage project in North Sea

Possible EU subsidy for CO2 storage project in North Sea
The European Union has designated a project to store CO2 from industry in Antwerp, Ghent, Zeeland and Rotterdam beneath the North Sea Project of Common Interest status.

This means that the EU is prepared in principle to provide a subsidy for the Porthos project, based in Rotterdam. The project will enable various companies to supply CO2 to a transport pipeline that runs straight through the port area. The CO2 will be transported via this pipeline to an empty gas field beneath the North Sea for permanent storage.

Industry in Antwerp, Ghent, Terneuzen and Vlissingen does not have access to empty gas fields off the coast. Investigations will be conducted to assess whether this industry can be connected to the Rotterdam system via pipeline. The objective is to emit less CO2 into the atmosphere, helping to combat climate change.

The port management, comprising North Sea Port, Port of Antwerp sand the Port of Rotterdam Authority are jointly investigating how the infrastructure between the ports should look like under the project name CO2 TransPorts.

The capture and storage of CO2 is one of the tracks in the transition towards a climate-neutral industry by 2050. Other aspects include the production of green hydrogen, electrification, use of CO2 and recycling. CCS also plays an important role in the European Green Deal as a means to combat climate change. In 2020, the three ports can apply for a subsidy from a European fund for infrastructure, the 'Connecting Europe Facility'.

In Rotterdam, the Port of Rotte5rdam Authority, Gasunie and EBN are collaborating on Porthos. According to planning, the first CO2 will be stored by the end of 2023. The first phase is expected to only involve CO2 from companies in Rotterdam. North Sea Port and the Port of Antwerp will be investigating the options of laying joint pipelines in their areas to which industry can connect.



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