How does Porthos differ from previous CO2 transport and storage initiatives?
Across the world, there’s over 20 years of experience with CCS. What makes Porthos special is that it is one of the first CCUS projects to focus on the storage of CO2 from multiple companies and to use an open access approach. The system will be established as a kind of utility infrastructure for use by various companies. This means that considerable cost advantages can be obtained compared with stand-alone projects.
In contrast to the ROAD project (Rotterdam Storage and Capture Demonstration Project), Porthos is focusing on the industries that at the moment have no sustainable alternatives, such as oil refineries and the chemical sector. Another important difference is that storage in the Porthos project takes place exclusively offshore and not on land beneath existing buildings.