Energy Department Opens up $2.5B for Carbon Capture Demonstration Projects DEADLINES March 28, 2023 and April 5, 2023
by Ben Lefebvre (Politico Pro) The Energy Department said Thursday it is offering up to $2.5 billion to fund carbon capture and storage technology development projects.
Details: The DOE, using funds made available in the bipartisan infrastructure law, will offer up to $1.7 billion toward six projects that would demonstrate commercial-scale carbon capture technologies working along with carbon dioxide pipeline and storage infrastructure.
Another $820 million will be offered for up to 10 projects that use more experimental technologies that could capture emissions in the power and industrial sectors.
Companies’ applications for the funding will also be judged on their commitments to community and labor relations, job creation, diversity, equity, inclusion, and accessibility and benefits to disadvantaged communities as part of the Justice40 Initiative, the DOE said in its announcement.
Background: The Biden administration and Congressional Democrats have bet heavily on developing a carbon capture network to help reach President Joe Biden’s goal of cutting U.S. greenhouse gas emissions by half by 2030. READ MORE
DE-FOA-0002962: BIPARTISAN INFRASTRUCTURE LAW CARBON CAPTURE DEMONSTRATION PROJECTS PROGRAM (U.S. Department of Energy) March 28 deadline
DE-FOA-0002963: BIPARTISAN INFRASTRUCTURE LAW CARBON CAPTURE LARGE-SCALE PILOT PROJECTS (U.S. Department of Energy) April 5 deadline
Carbon Capture Demonstration Projects Program (U.S. Department of Energy)
