Published by Todd Bush on August 10, 2023
WASHINGTON, D.C. – The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced 23 projects to receive a total of more than $13 million in funding supporting research and development (R&D) for carbon management technologies and applications that will reduce carbon dioxide (CO2) emissions to address the impacts of climate change. The projects will be led by universities and private sector companies across the United States to advance technologies toward commercial deployment that will capture CO2 from sources such as industrial facilities or power plants, or directly from the air and oceans, and convert the CO2 into valuable products such as fuels, chemicals, and building materials. These efforts will help deliver on President Biden’s goal of a net-zero economy by 2050, while providing high-quality jobs and economic opportunities for our energy communities.
>> In Other News: U.S. Department of State, Bezos Earth Fund, and The Rockefeller Foundation Announce Winrock International as Crediting Body for Energy Transition Accelerator
“Carbon capture and storage, carbon dioxide removal, and carbon conversion will play an essential role in support of our national decarbonization efforts,” said Brad Crabtree, Assistant Secretary of Fossil Energy and Carbon Management. “By leveraging the expertise of our university and industry partners in carbon management, DOE’s investments are helping the nation make great strides toward achieving rapid, geographically widespread adoption of these technologies.”
>> RELATED: DOE Invests in Carbon Capture Projects
The first set of four projects (selected under round one of this funding opportunity) will support R&D for technologies that can convert CO2 emissions captured from industrial facilities and power plants into long-lived building materials like concrete, while significantly reducing overall life cycle emissions in the process. The projects will also focus on improving the cost efficiency of these processes.
The second set of 19 R&D projects (selected under round two of this funding opportunity) will support cost-effective processes for ocean-based carbon removal technologies and direct air capture of CO2 coupled with carbon-free hydrogen to create carbon-neutral methanol — a chemical building block for many valuable products such as fuels and plastics.
DOE’s National Energy Technology Laboratory (NETL), under the purview of FECM, will manage the selected projects. A detailed list of the selected projects can be found here for the round one selections and here for the round two selections.
With these selections, FECM has announced investments of over $678 million in about 170 projects since January 2021 that advance research, development, and deployment of carbon capture, removal, transport, conversion, and storage. This progress is essential to help drive economic development, technological innovation, and the creation of high-wage jobs as we build a clean energy and industrial economy.
FECM minimizes environmental and climate impacts of fossil fuels and industrial processes while working to achieve net-zero emissions across our 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 NETL website.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 📉 EPA Releases Proposal to End the Burdensome, Costly Greenhouse Gas Reporting Program, Saving up to $2.4 Billion 📊 California to Extend Cap-and-trade Program Aimed at Advancing ...
Inside this Issue ✈️ CORSIA Transforms Aviation Compliance Into Market Gold Rush 📉 IEA Cuts 2030 Low-emissions Hydrogen Production Outlook by Nearly a Quarter 🎤 GenH2 Executive Chairman Josh McMor...
Inside This Issue 🌍 Global Hydrogen Industry Surpasses USD 110 Billion In Committed Investment As 500+ Projects Worldwide Reach Maturity ♻️ Cielo Advances Waste-to-Fuel Innovation with Project Nex...
AlliedOffsets And Sylvera Launch Quality-Weighted Carbon Price Index
AlliedOffsets, a global database and carbon market intelligence provider, and Sylvera, a leading carbon data platform, today announced the release of their groundbreaking Quality-Weighted Carbon Pr...
IEA Lowers Green Hydrogen Production Forecast For 2030 By 25%
The agency forecasts 37 million tons instead of the previously expected 49 million tons due to a number of negative factors The International Energy Agency (IEA) has lowered its forecast for low-c...
Clean Energy Breaks Ground On Three Renewable Natural Gas Dairy Projects With Maas Energy Works
Newport Beach, Calif. – September 16, 2025 – Clean Energy Fuels Corp. (NASDAQ: CLNE) has announced it has broken ground on three renewable natural gas (RNG) production facilities under its developm...
U.S. Engineered And Manufactured Electrolyzers To Have Lowest Global Total Installed Cost September 16, 2025 08:00 ET | Source: Electric Hydrogen HOUSTON, Sept. 16, 2025 (GLOBE NEWSWIRE) -- HIF G...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.