From Blueprint to Reality 2026

2 Infrastructure development 3 Industry 4 Hydrogen productionBonatti: Compressor station Van der Ven: Cooling water pump Allseas: Offshore PL TAQA: Platform & wellsDenys: Onshore PLTransportation & storage Carbon capture installations Announcement of intent Incentives ContractPublic private partnership Public capital Private capitalAir Liquide tolling agreement: 130 MW dedicated to TotalEnergies platform TotalEnergies OranjeWind: provision of renewable electronsBlue hydrogen plantFID – 2023 ELYGator electrolyser Aramis transportationFID – 2025 Porthos €1.3 bn Capex Petrofac5: FEEDArup6: FEEDAramis CapexFID – Pending CO2nextFID – Pending€639 m grant2025 Sener: FEEDCO2next: Capex Shell Capex ExxonMobil CapexAir Liquide Capex Air Products Capex Aramis storage Shell Capex Eni Capex Air Products Capex ExxonMobilTotalEnergies Capex Blue H2Residual gases FID –/uni00A02025 ELYGator OWE3: Portion of €700 m in subsidies4Air Liquide €500 m Capex 1 Early stage Cluster administration Established 2004 Project administration: Porthos Project administration: Aramis2018€6.5 m subsidy 20232020€102 m grant 2018€1.2 m subsidy 2021€2.1 bn CfDLead Partnership between €124 m grant: CEF1 Lead Partnership between 2023€33 m grant: CEF1Project administration: CO2next Lead Partnership between Project administration: ELYGator 2022€99 m grant: EU Innovation Fund 2018IPCEI2 subsidyPort of Rotterdam – financing blueprint FIGURE 13 Notes: 1. CEF = Connecting Europe Facility. 2. IPCEI = Important Project of Common European Interest. 3. OWE = Netherlands government subsidy scheme for large-scale hydrogen production using electrolysis. 4. Other recipients of subsidies: H2Eron, Circul8 Hydrogen Factory, Eurus Energy Europe, Uniper Hydrogen, FR Energyhubs, Westfalen Hydrogen, Essen Hydrogen, Dent Tol Duurzaam, Vattenfall and Stakraft. 5. Petrofac is the lead FEED contractor. 6. Arup is doing FEED for the tunnel component. From Blueprint to Reality: A Stronger Business Case for Shared Energy Infrastructure 32