Published by Todd Bush on August 20, 2024
WASHINGTON, D.C. – The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced up to $127.5 million in federal funding to support the development of carbon dioxide (CO2) capture, removal, and conversion test centers for cement manufacturing facilities and power plants. Meeting the Biden-Harris Administration’s goal of a net-zero emissions economy by 2050 requires accelerating the responsible development and deployment of technology to capture CO2 emissions from industrial operations and power generation and to remove CO2 directly from the atmosphere. However, the energy and capital cost associated with state-of-the-art carbon capture systems is a barrier to wide deployment. This effort supports the establishment of test centers to cost-effectively research and evaluate carbon capture, removal, and conversion technologies in an industrial/utility environment.
>> In Other News: E-Fuels Leader Infinium and Chemicals Manufacturer Borealis to Turn Carbon Emissions into Plastics
“Carbon capture and storage is one of our critical pathways for significantly reducing domestic and global carbon dioxide emissions,” said Brad Crabtree, Assistant Secretary of Fossil Energy and Carbon Management. “Investments in test centers will help reduce costs, minimize environmental risks, scale up carbon capture, removal, and conversion processes to commercial scale, and ultimately help reduce carbon pollution.”
This funding opportunity announcement (FOA) will support three areas of focus:
Carbon Capture, Removal, and Conversion Test Center at an Electric Generating Unit will focus on providing post-combustion flue gas testing capabilities representative of domestic coal and/or natural gas-based power systems.
Enabling Capital Improvements at Existing Carbon Capture Test Facilities will focus on providing enhanced capabilities and infrastructure improvements at existing flue gas testing centers representative of domestic fossil-based power systems.
Carbon Capture, Removal, and Conversion Technology Test Center at a Cement Manufacturing Facility will focus on providing flue gas testing representative of domestic cement manufacturing facilities.
Projects selected under this funding opportunity will support testing facilities that will further advance technologies to capture and convert CO₂ into products from utility and industrial sources or remove CO2 from the atmosphere. This research will enable economical and environmentally sustainable carbon management.
Read more details of this FOA here. All questions must be submitted through FedConnect; register here for an account. The application deadline is October 31, 2024 at 5:00 PM ET.
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 🔋 Plug Closes Loan Guarantee from the U.S. Department of Energy 🗺️ USGS Releases First-ever Map of Potential for Geologic Hydrogen in U.S. 🌎 Constellation to Acquire Calpine; Cre...
Inside This Issue 🌍 Plug Seals Monumental Deal with Allied Green Ammonia for a Mega 3 GW Electrolyzer System 💰 DOE Invests $101 Million to Establish Carbon Capture, Removal, and Conversion Test Ce...
Inside This Issue 💰 $3.1 Billion in Carbon Management Funding: What It Means for the Future 🛳️ Value Maritime-led Onboard Carbon Capture Project Aims to Capture 80% of CO2 Emissions ✈️ Hydrogen Hy...
OMAHA, Neb. -- Green Plains Inc. (NASDAQ:GPRE) today announced that key milestones for the ‘Advantage Nebraska’ carbon strategy have been met, and the project remains on track for operation in the ...
Catona Climate Partners with Tencent to Deliver High-Quality Nature-Based Carbon Removal Solutions
LOS ANGELES, Jan. 17, 2025 /PRNewswire/ — Catona Climate, a climate finance company, has partnered with Tencent, a leading technology and entertainment company, to support Tencent's decarbonization...
VANCOUVER, British Columbia & OMAHA, Neb. — (Business Wire) — Svante Technologies Inc. (Svante), a leading innovator in carbon capture and removal technology, and Tenaska, a prominent CO2 trans...
USGS Releases First-ever Map of Potential for Geologic Hydrogen in U.S.
The first-of-its-kind map highlights areas of interest for this potential future source of energy and chemical supply RESTON, Va. — The U.S. Geological Survey (USGS) today published the first map ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.