Published by Todd Bush on November 19, 2024
WASHINGTON, D.C. — The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today issued a notice of intent (NOI) to provide funding from the Bipartisan Infrastructure Law for large-scale conversion of carbon emissions into environmentally responsible and economically valuable products.
>> In Other News: Enagás and Heidelberg Materials Agree to Develop Sustainable CO2 Management Projects in Northern Spain
Projects will develop the sustainable feedstocks and conversion technologies necessary to produce crucial fuels, building materials, and other carbon-based products that are better for the environment than current products. Carbon conversion plays a critical role in the transition to a net-zero economy by transforming carbon emissions captured from industrial operations and power plants, as well as from legacy emissions in the atmosphere.
If issued, this funding opportunity will support pilot-scale projects that advance carbon conversion technologies with a high technology readiness level that are capable of achieving significant carbon mitigation via biological, catalytic, or mineralization pathways. DOE also seeks to advance and support testing of product performance and characterization needed for market or consumer adoption. This may include lifecycle analysis development for novel carbon conversion technologies and pilot or demonstration facilities using those technologies.
The program will benefit manufacturers, technology providers, and the general public by advancing the commercial viability of and consumer access to less expensive and more environmentally friendly products and services. Further, in alignment with the President’s commitment that the Bipartisan Infrastructure Law create broadly shared economic prosperity across the United States, funding applicants will be required to carefully consider impacts and benefits to workers and communities by emphasizing community and labor engagement, creating high-quality jobs, and providing economic and environmental benefits to affected communities.
To prepare for the upcoming issuance of notice of funding opportunity (NOFO), prospective applicants are encouraged to read the full NOI. DOE expects to issue the NOFO during calendar year 2025.
FECM minimizes environmental and climate impacts of fossil fuels and industrial processes while working to achieve net-zero emissions across the U.S. economy. Priority areas of technology work include carbon capture, carbon conversion, carbon dioxide removal, carbon dioxide transport and storage, hydrogen production with carbon management, methane emissions reduction, and critical minerals production. To learn more, visit the FECM website, sign up for FECM news announcements, and visit the National Energy Technology Laboratory website.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🛢️ 64 Carbon Projects Were Stuck. Texas Just Unlocked Them ⚙️ In Ohio, Hydrogen Industry Presses on Despite Federal Uncertainty 🧲 Agami Zero Breaks Through With Magnetic Hydrogen...
In This Issue 🛫 A Georgia Plant Just Cracked Aviation's Fuel Puzzle 📉 CO2RE And ERM Release 2025 Update On Greenhouse Gas Removal Costs 🔗 Abatable Partners With BlueLayer To Streamline Corporate C...
Inside This Issue 💼 Canada Unlocks EOR for Federal Tax Credits in Landmark Policy Shift 🚀 Carbontech Funding Opens as CDR Sector Pushes for Net-Zero Standard Revisions 💧 CHARBONE Confirms its Firs...
Step strengthens Louisiana’s role in U.S. energy leadership and advances project finance process for biomass‑to‑fuel facility SACRAMENTO, Calif. & NEW ORLEANS -- DevvStream Corp. (Nasdaq: DEVS...
Climeworks Opens the World’s Largest Direct Air Capture Innovation Hub
Key takeaways: Climeworks launches the largest innovation center for Direct Air Capture, employing over 50 engineers in Zurich, Switzerland. The center is designed to reduce the cost and increase...
XCF Global Moves to Double SAF Production with New Rise Reno Expansion
Initial development completed at New Rise Reno 2, advancing XCF's second SAF production facility and positioning construction to begin in 2026. $300 million planned investment will double XCF'...
Carbon Capture Technology Relies on High-Performance CO2 Sensors
As the Global South's first Direct Air Capture (DAC) company, Octavia Carbon has commissioned the world's second DAC + geological storage plant. Harnessing Kenya's abundant renewable geothermal ene...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.