Exolum has finished the purchase of a minority stake in SeaSeaS Amsterdam, a multimodal CO2 export terminal that will be situated at the Port of Amsterdam, the Netherlands and operational from 2030.
SeaSeaS Amsterdam will be able to handle up to 3.5 million tonnes of biogenic and non-biogenic-sourced CO2 annually, receiving the CO2 by vessel, rail, road and pipeline. The CO2 will then be transported from Amsterdam to a permanent storage site.
Nacho Casajús, senior vice president of Exolum Global Energy Logistics, says: ‘Carbon capture can only be deployed at scale if the infrastructure is in place to connect industrial emitters efficiently with different permanent storage sites. SeaSeaS Amsterdam has the potential to become an important part of that value chain in Northern Europe, which is expected to grow significantly in scale. This project is fully aligned with our strategy of developing infrastructure that supports industrial decarbonisation and energy transition for our customers. It also complements our existing developments in CO2 logistics and storage in carbon capture utilisation and storage value chains in both Spain and the UK.’
Founders of SeaSeaS Kees van Seventer, CEO, and Peter Boers, COO, comment: ‘Carbon capture and permanent storage can make a direct contribution to reducing industrial emissions. To achieve this, however, companies need access to efficient infrastructure that can accommodate different types of emitters. Our ambition is to develop an open-access terminal in Amsterdam that connects industry across inland Europe with storage sites in the North Sea. Exolum’s involvement will strengthen the project and help move it closer to becoming operational.’
