GREEN FLASH: Port wants €400m to tackle CO2

06 February 2007 14:33  [Source: ICIS news]

By John Baker


LONDON (ICIS news)--The Port of Rotterdam Authority in the Netherlands has written to the newly formed Cabinet of the Dutch government suggesting that €400m ($490m) be set aside for the collection, storage and recycling of the greenhouse gas carbon dioxide.


The money, it said, could come from the Economic Structure Reinforcement Fund (FES).


The new Cabinet, formed this week, consists of a centrist coalition of Christian Democrats, Labour and ChristenUnie parties. Its programme, to be revealed shortly, was expected to focus more on environmental matters than the previous Cabinets.


The Port of Rotterdam Authority CEO, Hans Smits, said: “The very fact that huge amounts of CO2 are produced in Rotterdam offers possibilities for a large-scale reduction in carbon emissions.


"The Port Authority wants to play a pioneering role in the coming years, working with government and business to set up a relevant programme.


“But that will not succeed without an initial contribution from the State. If the new Cabinet wants to take serious action on combating the greenhouse effect, it has a wonderful opportunity here.”


Carbon dioxide from the port could be collected and piped 40-50km to North Sea gas fields for injection into sub-sea rock strata, explained a port spokesman.


Although there were no pilot projects underway, the port authority would be willing to coordinate a collaborative project, Smits indicated. The first step would be further study and some pilot projects.


In its letter, the Port Authority pointed to the large number of energy-intensive companies, refineries and power stations in the Rotterdam port area.


A series of expansions was planned for the coming years, including a new coal/biomass power station on the Maasvlakte, to be built by Electrabel.


The 800MW unit, designed with carbon capture in mind, was expected to be up and running by 2011.


(€1 = €0.77)

By: John Baker
+44 20 8652 3214

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