{"id":188707,"date":"2026-06-29T12:10:00","date_gmt":"2026-06-29T10:10:00","guid":{"rendered":"https:\/\/newmobility.news\/?p=188707"},"modified":"2026-06-29T11:38:02","modified_gmt":"2026-06-29T09:38:02","slug":"flanders-to-invest-e1-billion-into-co2-capture-and-storage-projects","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2026\/06\/29\/flanders-to-invest-e1-billion-into-co2-capture-and-storage-projects\/","title":{"rendered":"Flanders to invest \u20ac1 billion into CO2 capture and storage projects"},"content":{"rendered":"<p>The Flemish government <span class=\"Y2IQFc\" lang=\"en\">is set to invest\u00a0<\/span><span class=\"Y2IQFc\" lang=\"en\">\u20ac1.2 billion in companies that want to capture their CO2 emissions rather than release them. <\/span><span class=\"Y2IQFc\" lang=\"en\">Minister-President Matthias Diependaele announced the planned investment.<\/span><\/p>\n<p><span class=\"Y2IQFc\" lang=\"en\">In February, the government announced a \u20ac2 billion investment in Flemish industry. These funds are intended to support struggling companies and make them future-proof. <\/span><\/p>\n<p><span class=\"Y2IQFc\" lang=\"en\">One billion will go to carbon capture and storage (CCS) projects, focusing on energy-intensive industries covered by the European Emissions Trading System (ETS), where CO2 emissions are difficult to avoid.\u00a0<\/span><span class=\"Y2IQFc\" lang=\"en\">CCS is a complex undertaking that cannot succeed without subsidies; existing projects across Europe all require government backing.<\/span><\/p>\n<h4>Kairos<\/h4>\n<p><span class=\"Y2IQFc\" lang=\"en\">In addition, \u20ac800 million is allocated to technology-neutral decarbonization, including investments in electrification and process innovation.\u00a0<\/span><span class=\"Y2IQFc\" lang=\"en\">Finally, 200 million euros is going to the Kairos@C project, involving the chemical company BASF and the gas distributor Air Liquide at the Port of Antwerp.\u00a0<\/span><\/p>\n<p><span class=\"Y2IQFc\" lang=\"en\">The project is named after Kairos (Ancient Greek: \u039a\u03b1\u03b9\u03c1\u03cc\u03c2), a figure in Greek mythology who personifies the right moment, the suitable occasion, and ultimate timing.<\/span><\/p>\n<p><span class=\"Y2IQFc\" lang=\"en\">The aim is to capture, liquefy, ship, and store up to 14 million tons of CO\u2082 in an empty North Sea gas field over 10 years. <\/span><span class=\"Y2IQFc\" lang=\"en\">The project is receiving support from the European Innovation Fund \u2013amounting to over \u20ac350 million \u2013 and Flanders is prepared to contribute more than \u20ac260 million on top of that.\u00a0<\/span><span class=\"Y2IQFc\" lang=\"en\">The Kairos@C project is considered crucial for capturing CO\u2082 emissions in Flanders.<\/span><\/p>\n<h4>&#8216;Largest level of support&#8217;<\/h4>\n<p><span class=\"Y2IQFc\" lang=\"en\">Minister of Energy and Climate Hans Bonte believes the support provides companies with the confidence to invest heavily in electrification and decarbonization. <\/span><\/p>\n<p><span class=\"Y2IQFc\" lang=\"en\">&#8220;By sharing risks and linking support to effective CO\u2082 reduction, we are accelerating the climate transition and anchoring strategic industry and jobs in Flanders.&#8221;<\/span><\/p>\n<p><span class=\"Y2IQFc\" lang=\"en\">&#8220;This is the largest level of support we have ever offered to Flemish industry,&#8221; says Minister-President Diependaele. &#8220;We are providing both our energy-intensive companies and businesses across the broader industrial sector with clarity and certainty to invest here in Flanders in the industry of tomorrow.&#8221;<\/span><\/p>\n<p><span class=\"Y2IQFc\" lang=\"en\">Minister-President Matthias Diependaele (N-VA) hopes that his support will encourage companies to invest, as that would give him confidence that the chemical, steel, and cement industries will not be leaving Flanders anytime soon.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Flemish government is set to invest\u00a0\u20ac1.2 billion in companies that want to capture their CO2 emissions rather than release them. Minister-President Matthias Diependaele announced the planned investment. In February, the government announced a \u20ac2 billion investment in Flemish industry. These funds are intended to support struggling companies and make them future-proof. One billion will [&hellip;]<\/p>\n","protected":false},"author":175,"featured_media":188717,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\r\n\r\n{excerpt}\r\n\r\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[77170,29,16,4],"tags":[],"class_list":["post-188707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-belgium","category-environment","category-industry","category-top-stories-today"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?fit=873%2C475&ssl=1",873,475,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?fit=300%2C163&ssl=1",300,163,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?fit=640%2C348&ssl=1",640,348,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?fit=640%2C348&ssl=1",640,348,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?fit=873%2C475&ssl=1",873,475,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?fit=873%2C475&ssl=1",873,475,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?fit=18%2C10&ssl=1",18,10,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?resize=640%2C475&ssl=1",640,475,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?resize=600%2C475&ssl=1",600,475,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?fit=560%2C305&ssl=1",560,305,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?resize=873%2C240&ssl=1",873,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?resize=873%2C180&ssl=1",873,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?resize=873%2C180&ssl=1",873,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?resize=873%2C168&ssl=1",873,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2026\/06\/Scherm%C2%ADafbeelding-2026-06-29-om-10.02.32.png?resize=873%2C180&ssl=1",873,180,true]},"post_excerpt_stackable_v2":"<p>The Flemish government is set to invest\u00a0\u20ac1.2 billion in companies that want to capture their CO2 emissions rather than release them. Minister-President Matthias Diependaele announced the planned investment. In February, the government announced a \u20ac2 billion investment in Flemish industry. These funds are intended to support struggling companies and make them future-proof. One billion will go to carbon capture and storage (CCS) projects, focusing on energy-intensive industries covered by the European Emissions Trading System (ETS), where CO2 emissions are difficult to avoid.\u00a0CCS is a complex undertaking that cannot succeed without subsidies; existing projects across Europe all require government backing. Kairos&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/newmobility.news\/en\/category\/belgium\/\" rel=\"category tag\">Belgium<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/environment\/\" rel=\"category tag\">Environment<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/industry\/\" rel=\"category tag\">Industry<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/top-stories-today\/\" rel=\"category tag\">Top Stories Today<\/a>","author_info_v2":{"name":"Hilde Van Raemdonck","url":"https:\/\/newmobility.news\/en\/author\/hilde-van-raemdonck\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Flanders to invest \u20ac1 billion into CO2 capture and storage projects - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2026\/06\/29\/flanders-to-invest-e1-billion-into-co2-capture-and-storage-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Flanders to invest \u20ac1 billion into CO2 capture and storage projects - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"The Flemish government is set to invest\u00a0\u20ac1.2 billion in companies that want to capture their CO2 emissions rather than release them. Minister-President Matthias Diependaele announced the planned investment. In February, the government announced a \u20ac2 billion investment in Flemish industry. These funds are intended to support struggling companies and make them future-proof. 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