INTIEANetherlands · SDE++ Subsidy Fund for CCS projectsPolicyIn force

SDE++ Subsidy Fund for CCS projects

The SDE++ is an operating subsidy that lasts 15 years for CCS projects and bridges the cost gap between production without CCS and production with CCS. As part of the SDE++ 2021 funding round, the Dutch government confirmed it allocated EUR 2.1 billion (USD 2.56 billion) in…

Last changed 4 years ago.

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Lifecycle

EffectiveJan 01, 2021
Last changeNov 17, 2022

Country / jurisdiction: Netherlands · Year: 2021 · Status: In force · Level: National · Type: Voluntary

The SDE++ is an operating subsidy that lasts 15 years for CCS projects and bridges the cost gap between production without CCS and production with CCS.

As part of the SDE++ 2021 funding round, the Dutch government confirmed it allocated EUR 2.1 billion (USD 2.56 billion) in grant money for the four customers of the Pothos CCS project: Air Liquide, Air Products, ExxonMobil and Shell. The Porthos project aims to capture and store carbon emissions from Rotterdam Port as a joint venture between the Port of Rotterdam Authority, Gasunie, and EBN, along with Porthos’ customers.

A budget of EUR 13 billion is available for SDE++ 2022 funding, up from EUR 5 billion in 2021 and EUR 5 billion in 2020.

Official source: https://english.rvo.nl/subsidies-programmes/sde

Source

https://www.iea.org/policies/13920

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