Emissions

DOE seeds carbon capture tech deployment with $4.9b in funding

The funding supports three programs to demonstrate and deploy carbon capture systems, along with carbon transport and storage infrastructure.
DOE seeds carbon capture tech deployment with $4.9b in funding

The U.S. Department of Energy (DOE) announced a nearly $4.9 billion set of funding opportunities aimed at bolstering investments in the carbon management industry and to reduce carbon dioxide (CO2) emissions through power generation and industrial operations. 

The funding from the Bipartisan Infrastructure Law is intended to support three programs to demonstrate and deploy carbon capture systems, along with carbon transport and storage infrastructure.

Projects will be required to develop implementation strategies and report on activities and outcomes related to community economic and other benefits and environmental impacts, such as investments in registered apprenticeships, hiring local workers, participation of minority-owned business, or changes to non-CO2 pollution.  

The funding announcements include:   

Carbon Storage Validation and Testing – This supports the Carbon Storage Assurance Facility Enterprise (CarbonSAFE) Initiative, managed by the office of Fossil Energy and Carbon Demonstrations (FECM), and provides up to $2.25 billion to support the development of new and expanded large-scale, commercial carbon storage projects with capacities to store 50 or more million metric tons of CO2, along with associated CO2 transport infrastructure. Projects are expected to focus on site characterization, permitting, and construction stages of project development under CarbonSAFE. 

Carbon Capture Demonstration Projects Program – DOE’s Office of Clean Energy Demonstrations, in partnership with FECM, will manage the Carbon Capture Demonstration Projects Program. The program provides up to $2.54 billion to develop six integrated carbon capture, transport, and storage demonstration projects that can be replicated and deployet fossil energy power plants and major industrial sources of CO2. The current funding opportunity earmarks up to $189 million for as many as 20 integrated front-end engineering design studies. A second funding opportunity is expected later this year to support detailed design, construction, and operation of carbon capture projects, as well as transport and storage of the captured CO2. 

Carbon Dioxide Transport Engineering and Design – FECM will manage the Carbon Dioxide Transport, Front-End Engineering and Design funding opportunity, which provides up to $100 million to design regional CO2 pipeline networks to safely transport captured CO2 from sources to centralized locations. Projects are expected to focus on carbon transport costs, transport network configurations, and technical and commercial considerations that support efforts to develop and deploy carbon capture, conversion, and storage at commercial scale.

FECM funds research, development, demonstration, and deployment projects to decarbonize power generation and industrial sources, to remove carbon dioxide from the atmosphere and to mitigate the environmental impacts of fossil fuel production and use. 

More information is available here.

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