DOE to invest $54.4M on carbon management technologies

On Tuesday, the U.S. Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) announced it will make $54.4 million in funding available to advance diverse carbon management to reduce carbon dioxide pollution.

The FECM said the funding will support developing technologies that capture CO2 from industrial and power generation sources or directly from the atmosphere and transport it either for permanent geologic storage or conversion into valuable products like fuels and chemicals. Officials said developing the technologies is crucial to advancing the country’s efforts to reach the Biden-Harris administration’s net-zero by 2050 goals.

“Reaching our climate goals requires a significant scale-up of our carbon management projects and infrastructure,” Brad Crabtree, Assistant Secretary of Fossil Energy and Carbon Management, said. “DOE’s investments in carbon management will address technical challenges and help reduce costs to accelerate the widespread deployment of these technologies across the Nation, while also helping to ensure projects deliver benefits to communities and workers and mitigate potential risks to public health and the environment.”

The FECM’s Carbon Management funding opportunity announcement will support reactive carbon capture approaches for point source capture and atmospheric capture, engineering-scale testing of transformational carbon capture technologies, engineering-scale testing of carbon capture technologies in portable systems at industrial plants, front-end engineering design (Pre-FEED) Studies for Carbon Capture Systems, pre-FEED Studies for Carbon Capture Systems at Hydrogen Production Facilities Using Coal, Mixed Coal/Biomass or Natural Gas Feedstock; and Enhancing CO2 Transport Infrastructure (ECO2 Transport).

Applicants must address the societal considerations and impact of their proposed projects, emphasizing diversity, equity, inclusion and accessibility, as well as explain how the project are expected to deliver equitable access to benefits produced from the innovations.

Applications are due by 8 p.m. on Oct. 14, 2024.

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