EU supports Antwerp@C innovative CO2 reduction project by granting CEF funding

EU supports [email protected] innovative CO2 reduction project by granting CEF funding

Port of Antwerp brought seven leading chemical and energy companies together at the end of 2019 to investigate the technical and economic feasibility of building CO2 infrastructure in the port of Antwerp. The consortium consists of Air Liquide, BASF, Borealis, ExxonMobil, INEOS, Fluxys, Port of Antwerp and Total. With the project entitled [email protected] the partners aim to keep CO2 out of the atmosphere and as such to make a significant contribution towards the climate objectives, thanks to applications for capturing and utilizing or storing CO2, all within a relatively short time span and at reasonable costs. The consortium is happy to announce that two applications for EU funding, submitted by Air Liquide, Fluxys, Total and Port of Antwerp to carry out studies for a liquid CO2 Export Terminal, a CO2 backbone within the Port of Antwerp and a CO2 cross border pipeline to connect to the Netherlands, were approved. With this financial support, [email protected] reaches a new milestone and can engage one step further. The consortium is strengthened in its ambition to reduce the CO2 emissions within the port (18.65 million tons of greenhouse gas emissions in 2017) potentially by half between now and 2030.

EU support: an important milestone

The partners of [email protected] are delighted that a Connecting Europe Facility (CEF) grant is awarded to the project to pursue detailed studies, since broad support – especially financial support – by the EU, the Belgian Federal Government and the Flemish Government is essential to ensure the success of the project. [email protected] is pursuing two pathways for cross-border CO2 transport infrastructure, one for transport via an onshore pipeline to Rotterdam and one for transport by ship to North-West Europe. Two subsidies for detailed studies – concerning an amount of circa € 9 million are now granted under the European funding program for Trans-European Energy Networks, CEF.

This CEF award is a positive step to support CCS as a CO2 abatement technology for the industry in the Port of Antwerp. In addition to this first step, a number of expression of interest applications are currently being prepared by the consortium partners for submission under the European Innovation Fund that will be a key enabler to support the development of the entire CCS value chain from capture to storage.

Port of Antwerp, a carbon capture pioneer

Port of Antwerp is home to the largest integrated energy and chemicals cluster in Europe. This makes it the ideal location to set up new, cross-border collaboration projects for innovative CO2 reduction. To this end, Air Liquide, BASF, Borealis, ExxonMobil, INEOS, Fluxys, Port of Antwerp and Total joined forces at the end of 2019 under the name of [email protected]C, to investigate the technical and economic feasibility of building CO2 infrastructure to support future CCUS (Carbon Capture Utilisation & Storage) applications. Carbon Capture & Storage (CCS) and eventually also Carbon Capture & Utilisation (CCU) – i.e. reusing CO2 as a raw material for the chemical industry – are seen as important routes in the transition to a carbon-neutral port. This innovative cross-border CCUS project would be among the first and world’s largest multimodal open access CO2 export infrastructure.

Jacques Vandermeiren, CEO Port of Antwerp: “The time is now to make the transition towards a carbon neutral economy. Europe leads the way on a global stage. With [email protected], the port of Antwerp has the key to realize an innovative cross-border CCUS-project, a first of a kind in its concept and scale. We are proud to receive the necessary financial support for the study phase, as this project will contribute to the Flemish, Belgian and European climate goals and to the increased EU 2030 targets for emission reduction to at least 55%.”

For more information about this press release:

Frederik Pieters, +32 486 090881, [email protected]

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Fact sheet - [email protected] - UK.pdf 694 KB

 

About Port of Antwerp-Bruges

With an overall throughput of 289 million tonnes per year, Port of Antwerp-Bruges is a critical hub in worldwide trade and industry. The port is a crucial link for the handling of containers, breakbulk and for the throughput of vehicles. Port of Antwerp-Bruges is home to 1,400 companies and accommodates the largest integrated chemical cluster in Europe. The port provides, directly and indirectly, a total of around 164,000 jobs and generates an added value of 21 billion euros.
 
The ambition for Port of Antwerp-Bruges is clear - to become the world's first port that reconciles economy, people and climate. As well as growing in a sustainable way, the Port also aims to focus on its unique position as a logistics, maritime and industrial centre and to take the lead in the transition to a circular and low-carbon economy. Together with the port community, customers and other partners, Port of Antwerp-Bruges is actively seeking innovative solutions for a sustainable future. High on the agenda is its responsibility for the environment and the surrounding society. 

The port sites of Antwerp and Zeebrugge are operated by the Antwerp-Bruges Port Authority, a limited liability company of public law with the City of Antwerp and the City of Bruges as its shareholders. The port employs 1,800 people. Vice-Mayor of Antwerp Annick De Ridder is President of the Board of Directors, the Mayor of Bruges Dirk De fauw is the Vice-President. Jacques Vandermeiren is CEO and President of the Executive Committee, which is responsible for the port’s day-to-day management. 

www.portofantwerpbruges.com

The telephone number +32 492 15 41 39 is only for press inquiries. For other questions you can mail to [email protected]

Port of Antwerp-Bruges
Havenhuis
Zaha Hadidplein 1
2030 Antwerp
Belgium