Published by Todd Bush on November 27, 2024
A €2.0M (US$2.1M) investment aims to advance carbon capture technology for emissions reduction and sustainable practices in the Port of Rotterdam
The Energy Transition Fund Rotterdam (ETF-R) has committed €2M to drive innovative carbon capture developments in the Port of Rotterdam. The investment focuses on expanding the capabilities of a carbon offloading and processing hub, designed to enhance emissions reduction across the maritime sector.
The project, spearheaded by Rotterdam-based Value Group, incorporates a hybrid CO2 capture and exhaust cleaning system, known as Filtree. This technology captures and stores CO2 while also removing sulphur, particulate matter, and oil residues from ships’ exhaust and washing water.
>> In Other News: Key Takeaways from COP29: Climate Finance, Carbon Markets, and Energy Transition Challenges
Maarten Lodewijks, co-founder and director of Value Group, noted, “With InnovationQuarter as a new shareholder, Value Group gains a strong strategic partner to accelerate the development of our Value Hub in Rotterdam for CO2 offloading and processing.”
The Value Hub, supported by ETF-R’s funding and InnovationQuarter, is intended as a blueprint for future carbon capture facilities. A parallel pilot programme demonstrates the system’s potential by using captured CO2 in greenhouses to enhance agricultural productivity.
According to Reinaud Struycken, senior investment manager at ETF-R, the technology exemplifies the potential for sustainable solutions across industries. “Their innovative ‘catch & release’ technology perfectly aligns with our vision for a cleaner and more sustainable Rotterdam,” he said.
The development of the Value Hub signals a major step in advancing the CO2 value chain by integrating capture, storage, and reuse within a single operational framework. Unlike other industry efforts, which often focus solely on sequestration or limited recycling capabilities, this approach bridges maritime emissions reduction with land-based applications such as agriculture.
By creating a closed-loop system, the Value Hub contributes to a broader decarbonisation strategy, setting a benchmark for other sectors looking to implement scalable and efficient carbon management solutions.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ✈️ American Airlines and Google Sign Record 35M-Gallon SAF Deal 🛡️ Isometric Launches CORSIA Insurance RFP With Howden 🍁 TKMS, Heirloom Carbon Technologies and Thyssenkrupp Calv...
Inside This Issue ⚡ AirPlant One Opens in Moses Lake: America's First Commercial E-Jet Fuel Plant Begins Operations 🏗️ Inside Holcim’s CaptureLab, Our Industry’s First Carbon Capture Test Platform...
Inside This Issue 🏭 Stratos DAC Delay: Inside the Holdup at the World's Largest Carbon Capture Plant 🍁 TD Bank Signs Two DAC Deals in a Week: Deep Sky Is First 🛫 Technip Energies, Airbus, Safran a...
Blue Energy and Calcuta Resources Form Joint Venture to Build an Oklahoma Carbon-Storage Platform
Anadarko Basin project pairs continued American oil production with permanent CO₂ storage — Blue Energy’s first U.S. operation and the foundation of a new Carbon-Neutral Division Blue Energy, powe...
New Report and Resources Equip Tribal Nations to Navigate Growing Carbon Removal Industry
A new suite of resources from the Supporting Tribal Sovereignty in Carbon Removal initiative supports Tribal Nations as they assess whether and how carbon dioxide removal may serve their environmen...
HyOrc Corporation (OTCQB: HYOR) today announced it has secured financing for the first module of its 8 Tonnes Per Day (TPD) commercial waste-to-methanol facility in Porto, Portugal. Manufacturing i...
Isometric Launches CORSIA Insurance RFP With Howden
Making it easier to bring CORSIA-eligible carbon removal certificates to market Isometric has partnered with global insurance intermediary group Howden to launch an open Request for Proposals (RFP...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.