Published by Todd Bush on August 29, 2022
WASHINGTON, D.C. — The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced more than $31 million in funding for 10 projects to develop carbon capture technologies capable of capturing at least 95 percent of carbon dioxide (CO2) emissions generated from natural gas power plants, waste-to-energy power plants, and industrial applications, including cement and steel. Deploying these technologies in the power and industrial sectors at commercial scale is needed to advance the Biden-Harris Administration’s goal of a carbon pollution-free power sector by 2035, and a net-zero greenhouse gas economy by 2050.
>> In Other News: Lunar Energy Emerges from Stealth to Deliver Home Electrification at Scale
“Carbon capture technology plays an enormously important role in helping to achieve the deep carbon reductions we need as our energy and industrial sectors transition to net-zero emissions,” said Brad Crabtree, Assistant Secretary for Fossil Energy and Carbon Management. “Today’s investment will support the technological advancement and cost reductions required for widescale deployment.”
DOE’s National Energy Technology Laboratory (NETL) will manage the 10 selected projects. The projects will support development and testing of transformational carbon capture materials, equipment, and processes for applications in natural gas combined cycle (NGCC), waste-to-energy power generation and the industrial sector. Other projects will perform front-end engineering design studies for industrial plants and NGCC power plants integrated with carbon capture systems.
A detailed list of the selected projects can be found here.
Along with selections announced in October 2021, FECM has invested a total of $76 million in 22 research and development, front-end engineering design, and engineering-scale projects at natural gas power, waste-to-energy, and industrial facilities as part of DOE’s overall efforts to decarbonize our existing infrastructure to help achieve the Biden Administration’s climate goals.
FECM funds research, development, demonstration, and deployment projects to decarbonize power generation and industrial production, remove carbon dioxide from the atmosphere, and mitigate the environmental impacts of fossil fuel production and use. 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 NETL website.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🔋 Captura's $12.5M Raise Reveals a Lithium Play in Pasadena 🍁 Max Power Confirms Basin-Scale Natural Hydrogen Potential in Saskatchewan with Bracken Well, 325 Km from Lawson Disc...
Inside This Issue 🌬️ Aircapture's Patented Microwave Direct Air Capture Technology Wins Tencent CarbonX 2.0 Award 🗾 Fujifilm, Tokyo Gas and TGES Agree to Supply City Gas Linked to Biomethane Produ...
Inside This Issue ⚡ FuelCell Energy and Fit Energy Announce Strategic Agreement for Up to 380 MW of Clean Power for Data Centers 🧭 China's Renewable Energy Mandates Set the Stage for Expanded Hydr...
Copenhagen Infrastructure Partners Takes FID on Large-Scale Biogas Plant in Spain
Cobirgy will be one of the largest biogas plants in Spain. Construction will start in the second half of 2026, with operations expected by the end of 2028 Copenhagen Infrastructure Partners (CIP),...
Airlines Could Face $127 Billion Carbon Bill as CORSIA Credit Shortage Deepens
International airlines are staring down a potential $127 billion carbon compliance bill through 2035, as a widening gap between carbon credit supply and demand threatens to send prices sharply high...
Permit advances first-of-its-kind project for 24/7 carbon-negative renewable power and permanent carbon storage Strategic Biofuels, a leading developer of carbon-negative electric power, has recei...
LEHIGH VALLEY, Pa., June 30, 2026 /PRNewswire/ -- Air Products (NYSE: APD) today announced it will not proceed with the Louisiana Clean Energy Complex (LCEC) project. The LCEC project exit and othe...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.