decarbonfuse Icons/logo

Press Release

UW to Receive Millions in Federal Funds for Carbon Capture Research

Published by Todd Bush on September 2, 2024

The University of Wyoming to Receive $5 Million from DOE for Carbon Capture and Storage Research

The University of Wyoming (UW) will receive almost $5 million from the U.S. Department of Energy (DOE) to continue studying carbon capture and storage—a developing industry that hopes to reduce carbon emissions from coal plants or possibly even remove harmful gases from the atmosphere.

A map of different basins in Wyoming

A map of different basins in Wyoming. The Greater Green River Basin and Wind River Basin are seen as high potential for carbon storage.

>> In Other News: Hyzon, New Way and Recology Join U.s. Department of Energy at Clean Energy Event to Showcase North America's First Hydrogen Fuel Cell Electric Refuse Collection Vehicle

Sarah Leung, DOE carbon storage program manager, said the project looks at what to do with carbon emissions that have been captured.

“How we can utilize depleted oil and gas reservoirs that can be now reutilized as a resource for carbon storage, to capture and safely store the emissions that are from existing CO2 sources,” said Leung.

She added that parts of Wyoming have the right kind of geology to do so.

“There are two really prolific basins in Wyoming, one is the Greater Green River Basin, and the other is the Wind River Basin,” said Leung.

Leung said the funding will help develop a database on the two basins.

“A central, user-friendly data repository that provides stakeholders with essential technical and non-technical information designed to accelerate and enable carbon storage projects,” she said.

Wyoming, North Dakota, and Louisiana have been given regulatory authority by the feds to oversee the carbon storage industry. Stakeholders say this will help the industry develop quicker.

While the technology is being used commercially on a small scale, some say it’s expensive and still largely unproven.

Icons/external Source

Add Comments

Subscribe to the newsletter

Icons/inbox check

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.

Latest issues

  • The CO₂ Pipeline Everyone Said Couldn’t Happen

    Inside This Issue 🛠️ Tallgrass Found the CO2 Pipeline Formula Others Missed 🚂 HyOrc & Zeltech Advance Practical Locomotive Retrofit Pathway as U.S. Rail Emissions Face Growing Scrutiny 💰 Secre...

  • How 45Q Credits Revived This Troubled $9B Megaproject

    Inside This Issue 💰 How 45Q Credits Revived This Troubled $9B Megaproject 🍁 Commencement of First Phase Operations for a Carbon Capture and Storage (CCS) Project in Canada 🤝 Haffner Energy Secures...

  • The Deal Structure Everyone's About to Copy

    Inside This Issue 💼 The Deal Structure Everyone's About to Copy 📈 Exxonmobil Raises Its 2030 Plan – Transformation Delivering Higher Earnings, Stronger Cash Flow, and Greater Returns ⚡ Nextera Wor...

View all issues

Company Announcements

View all announcements

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.

Subscribe illustration