The RCI report concludes that CO2 capture in Rotterdam is “technically feasible and cost competitive” and is largely aided by the widespread private sector interest and involvement shown in the area. Further, funding from the European Energy Programme for Recovery (EEPR) and so-called NER 300 must be secured for at least two or three projects in order to establish an “early network” by 2015. In order to access these funds, national government co-funding will be needed.
However, a comprehensive plan for CO2 transport and storage is still lacking. This acts as a hindrance not only to successful funding applications but also a speedy deployment of CCS in the area.
Read more on the RCI website.