Capturing and reusing or storing CO2 (Carbon Capture & Utilisation/Storage, or CCUS for short) may make it possible to cut CO2 emissions in the North Sea Port area by 30% (a reduction of 6.5 million tonnes of CO2 per year).
Thus, the consortium launched the Carbon Connect Delta project, which will initially set out to examine the feasibility of CCUS.
Also, they will analyse every aspect, taking in the technical, economic and legal considerations, the infrastructure required to transport CO2 by pipeline or ship, financing options, commercial feasibility and permitting.
According to expectations, the feasibility study will be completed in late 2020, aiming to capture 1 million tonnes of CO2 annually from 2023 onwards, rising to 6.5 million tonnes a year by 2030.
In so doing, Carbon Connect Delta would make a major contribution towards meeting the Paris climate targets and fulfilling the objectives set by the more recent European Green Deal.
The other members of the Carbon Connect Delta consortium include Smart Delta Resources, port authority North Sea Port, industrial companies ArcelorMittal, Dow Benelux, PZEM, Yara, Zeeland Refinery, and gas infrastructure operators Gasunie and Fluxys.