Netherlands backs Porthos carbon storage facility
Dutch government is set to underwrite contracts for CCS project while it pushes ahead with parallel Aramis development
The Dutch government is set to underwrite contracts being agreed by the Porthos offshore carbon transport and storage facility to avoid delays caused by a legal challenge. The Porthos carbon capture and storage (CCS) project was due to make FID at the end of this year and begin operations in 2024. It will transport and store 2.34mn t/yr of CO₂ offshore from four CCS projects that have already been granted subsidies of up to €2.1bn ($2.2bn) under the 2020 SDE++ scheme to support sustainable technologies. 2.34mn t/yr — CO₂ to be carried by Porthos Porthos had applied for a statutory construction exemption so nitrogen emissions from construction would not require a permit. The Dutch Co
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