From Blueprint to Reality 2026

Page 28 of 46 · WEF_From_Blueprint_to_Reality_2026.pdf

CLUSTER BENEFIT Garner institutional support from government Both Kairos@C and Antwerp@C have received significant support from the European Commission in the form of grants and subsidies totalling €380 million. While this has helped early-stage project development, in the future private sector organizations such as BASF have noted the need for “increased government support” as projects like Kairos@C reach their operational stage (i.e. CfDs, Opex support). CLUSTER BENEFIT Centralize project coordination As overall cluster administrator, the Port Authority plays a central role in driving projects and convening stakeholders, for example: – Overseeing a centralized funding desk for external financing support. – Providing land in concession (e.g. to develop Air Liquide and Fluxys’ liquefaction and export terminal). For Antwerp@C active financing support from the Port Authority has supported development of the CO2 pipeline network. The pipeline is being developed through a joint venture between Fluxys, Pipelink (80% owned by the Port Authority) and Air Liquide. As a public entity, the Port Authority can accept slightly lower return expectations to support project feasibility. CLUSTER BENEFIT Aggregate demand & supply Phase 1 of Antwerp@C already sees Air Liquide and BASF committing to connect CO2 emissions from five of their nearby plants. CLUSTER BENEFIT Decrease costs By acquiring a former refinery to develop the energy park, Vopak can leverage/upgrade existing infrastructure (including vessel, barge, truck and rail access) to develop the proposed ammonia terminal.Port of Antwerp-Bruges – financing benefits TABLE 5 The Port Authority has assumed significant financing responsibility for development of shared T&S infrastructure, which emitters will pay to access. Significant grant funding from the European Commission has supported project development. From Blueprint to Reality: A Stronger Business Case for Shared Energy Infrastructure 28
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