With Fluxys we transport today’s energy while building tomorrow.

As an essential infrastructure partner, we are pioneering for an efficient and reliable energy system. To shape a sustainable future, we integrate flows of renewable and low-carbon molecules and captured CO₂ streams.

With our infrastructure, we lay the foundation for the market. For consumers, producers, and suppliers. Infrastructure that helps us transition to a carbon-neutral society. Infrastructure that we develop at the pace of the market, open to as many sources as possible for the strongest possible supply security.

Our colleagues are at the heart of this transformation. They shoulder the hybrid energy future in which renewable and low-carbon molecules and electricity optimally combine with the capture and reuse or storage of CO₂.

Tirelessly, we work with our teams to write the story of tomorrow. With every project and every innovation, we proudly say #HiToTheFuture.

Join us on this exciting journey and say #HiToTheFuture with us!

Making agile progress as the market develops

Interview with our CEO and our Chairman

What has 2024 brought that matters for the future?

Pascal De Buck First and foremost: with our Belgian network, we remain a key pillar when it comes to supporting security of the natural gas supply in North-West Europe, especially Germany. At the same time, we note that high energy prices in Europe are a crucial factor for market competitiveness. In addition, the question arises to what extent global political and geopolitical developments will impact Europe's priorities, including the energy transition. Climate neutrality remains the goal, but its pace and implementation are a subject of discussion today. So, we have a difficult road ahead of us, but we're ready for it. Together with parent company Fluxys and our various partners, we have a wide range of projects on the drawing board that will allow us to respond agilely at the pace of the market.

Andries Gryffroy We scrutinised our strategy in light of the recent changes in the context in which we work. Our strategy definitely passed that stress test. At the same time, we remain particularly alert to new developments so that we can align the rollout of new infrastructure with the direction the market is taking.

How does Fluxys Belgium see the hydrogen and CO₂ market developing?

Pascal De Buck In 2024, we saw the hydrogen market picking up less rapidly than expected. At the same time, CO₂ capture and storage gained stronger recognition as an indispensable decarbonisation solution. In both areas, transmission systems are an essential link between supply and demand. They lay the foundations for the market to develop. As an infrastructure company, it is therefore an inherent part of our job to invest proactively when necessary and with an acceptable risk profile, ending the 'chicken-or-the-egg' standstill. This way, we ensure that the market keeps the option to pursue sustainability. Thus, in the first quarter of 2025, based on the available info and a number of hypotheses, we made the investment decision for the first hydrogen infrastructure with a limited scope that takes into account initial anticipated market demand. The infrastructure will be constructed in multi-purpose technology, just like the recent natural gas pipelines. We are also working on pre-investments for a multi-purpose pipeline in the Antwerp port area that can initially be used for transporting CO₂.

Taking the lead means taking risks. How far will Fluxys Belgium go?

Andries Gryffroy Infrastructure investments required for the energy transition are significant. We are anticipating to enable the required decarbonisation solutions for the market. Although we do so carefully, that does not take away from the fact that we are taking risks. Infrastructure must be fit to carry incrementally growing volumes while we must be able to offer affordable tariffs to the first users. 2025 will be a crucial year for us to work with public authorities and regulators in Belgium to find solutions to mitigate risk in the start-up phase of the new markets. The first movers on the market also need major efforts when it comes to policy. The competitiveness of businesses is under considerable pressure, and initiatives are needed to keep industry in Europe while not losing sight of decarbonisation targets. The new European Commission's Clean Industrial Deal initiative shows that this concern is at the top of the policy agenda.

An increasingly complex context for climate targets that have always been ambitious. What do we need to bear in mind?

Andries Gryffroy The climate challenge is more urgent than ever and the redesign of the energy system is a key element. It is absolutely vital that all stakeholders adopt a holistic approach to the energy system as a whole. All decarbonisation solutions should be optimally integrated to successfully respond to the climate challenge. Collaboration throughout the energy system is the key, with all sectors, public authorities and regulators working together towards the same goal.

Pascal De Buck I am particularly proud that Fluxys Belgium can contribute to this coordination and collaboration thanks to our unique simulation model for infrastructure development in the countries bordering the North Sea. The model provides a clear understanding of the key factors for an energy ecosystem that supplies energy where it is needed at the lowest possible cost at any time and with net zero emissions.

What assets does Fluxys Belgium have to help shape that vision?

Pascal De Buck As an industrial infrastructure company, we have a team of employees who have earned special recognition among the market, partners and our other stakeholders in the energy transition for their foresight and commitment to the transition, as well as their enthusiasm for cooperation. In 2024, together with parent company Fluxys we overhauled our organisational structure to allow us to be even stronger. In our new operational model, our in-house expertise and experience will have maximum impact.

Andries Gryffroy Our international perspective is also a key asset. Together with parent company Fluxys, we work across borders. Moreover, with our infrastructure we are strategically located between the North Sea and the major industrial zones in Belgium and western Germany. We are on the path between supplies of renewable and low-carbon molecules from the North Sea and the market in one direction and, in the opposite direction, between emitters needing to remove CO₂ and the sites for safe permanent storage in the North Sea.

Fluxys Belgium in a nutshell