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Porthos gets green light from Dutch Council of State for CO2 storage

GO NET ZERO ENERGY

Porthos gets green light from Dutch Council of State for CO2 storage

The first major CO2 transport and storage project in the Netherlands can go ahead now that the Council of State has ruled positively on the ecological assessment of the Porthos project.

Source: PorthosCO2

The Council of State today concluded that the ecological study showed that Porthos’s nitrogen deposition does not have a significant impact on nearby natural areas. The final investment decision is currently being prepared by Porthos. The aim is to start construction in early 2024.

Storing CO2 in empty gas fields beneath the North Sea seabed will allow large amounts of CO2 to be kept out of the atmosphere at relatively low cost in the short term. Thanks to Porthos, 2.5 million tonnes of CO2 will be captured and permanently stored annually. This makes CO2 storage an essential measure for industry to contribute to the Dutch climate goals. At the same time, industry is working to transition to processes based on renewable energy and raw materials. Construction of the Porthos system will take about two years. Porthos is expected to be operational from 2026.

Dorus Bakker, Director Finance, Porthos CCS project will present at the 4th Go Net Zero Energy Summit, taking place in Brussels on the 17th-18th October. He will share the latest updates on Porthos.

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