European Commission approves €260 million Belgian state aid for Kairos@C carbon capture and storage project

Over a period of 15 years, the project is expected to prevent approximately 20 million tonnes of net greenhouse gas emissions, while enabling the production of low-carbon hydrogen and low-carbon ammonia. Kairos@C was previously selected as a beneficiary under the first large-scale call of the EU Innovation Fund in 2020, receiving a grant of more than €365 million. The newly approved Belgian support measure will be financed through the Flemish regional budget. It will include direct investment grants of €30 million for each beneficiary, along with additional support of €10 million per beneficiary annually over ten years, subject to the achievement of minimum greenhouse gas emission reduction targets. The project partners will share the technical knowledge developed through the initiative to help advance carbon capture technologies across Europe.