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 🌽 Lapis Is Taking Ethanol CCS Off The Pipeline ✈️ Axens Signs Memorandum Of Understanding With Airbus On SAF Development ⚗️ Renewable-Powered Technology Converts Carbon Dioxide I...
Inside This Issue 🧪 Sustaera's 3rd-Gen DAC Could Crack The $100/Ton Barrier ⚠️ Middle East Conflict Threatens To Derail The Region's Carbon Capture Boom 🌿 Svante And Integrated Packaging Company A...
Inside This Issue ⚡ Plug Power Plans Hydrogen Offering in Top US Power-Grid Auction 🪨 Underground CO2 Storage, X-Rays Reveal Carbon Capture Capacity of Volcanic Rocks 🍁 Swiss Carbon Capture Compan...
NewHydrogen Files Its First International Patent For Its ThermoLoop Technology
Joint patent application with University of California, Santa Barbara further strengthens the IP position of the Company’s clean hydrogen technology SANTA CLARITA, Calif., March 12, 2026 (GLOBE NE...
Octopus Energy Generation Extends its Existing $40M Funding Agreement with Cultivo by an Additional $60M; The $100M Partnership will Accelerate Carbon Removal, Restore U.S. Grasslands, and Create H...
CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) ("CHARBONE" or the "Company"), a North American producer and distributor specializing in clean Ultra High Purity ("UHP") hydrogen and strateg...
Axens Signs Memorandum Of Understanding With Airbus On SAF Development
Axens has signed a Memorandum of Understanding (MoU) with Airbus to strengthen their cooperation in the development and deployment of Sustainable Aviation Fuel (SAF), a key pillar for decarbonizing...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.