[USA] DOE launches $2.6 billion in funding for carbon capture projects

On July 13, 2022, the Department of Energy (DOE) issued Notices of Intent to fund the Carbon Capture Demonstration Projects Program and the Carbon Dioxide Transport/Front-End Engineering Design (FEED) Program.[1] The programs will support carbon capture demonstration projects and expand regional pipeline networks to transport CO2 for storage or conversion into other uses. The two programs are funded by a more than $2.6 billion investment from the Bipartisan Infrastructure Law (BIL).

The $2.54 billion demonstration program will focus on integrated carbon capture, transport, and storage technologies and infrastructure that can be readily replicated and deployed at fossil energy power plants and major industrial sources of CO2, such as cement, pulp and paper, iron and steel, and certain types of chemical production facilities. Chosen projects will address technical, environmental, permitting, and financing challenges for commercial deployment. Proposed projects will need to show at least 95% carbon capture efficiency and verification of secure geologic carbon storage. In addition, the $100 million Carbon Dioxide Transport/Front-End Engineering Design program will design regional carbon dioxide pipeline systems to move CO2 from key sources to centralized locations.


[1] https://www.energy.gov/articles/biden-harris-administration-launches-26-billion-funding-programs-slash-carbon-emissions