DOE Provides Funding for Carbon Capture Projects - Smart Energy Decisions

Energy Efficiency, Energy Storage, GHG Emissions  -  July 18, 2022

DOE Provides Funding for Carbon Capture Projects

The U.S. Department of Energy (DOE) will provide funding of $2.6 billion to fund two programs that will advance carbon capture demonstration projects and expand regional pipeline networks to transport carbon dioxide (CO2) for permanent geologic storage or for conversion into valued end uses, such as construction materials. 

The two programs are the Carbon Capture Demonstration Projects Program and the Carbon Dioxide Transport/Front-End Engineering Design (FEED) Program.

The funding comes from President Biden’s Bipartisan Infrastructure Law and advances the administration’s goal of a net zero greenhouse gas emissions economy by 2050.

“To meet President Biden’s climate goals, we have to rapidly decarbonize our power generation and heavy industries – such as steel production – that are essential to the clean energy transition,” said U.S. Secretary of Energy Jennifer M. Granholm in a statement. “The Bipartisan Infrastructure Law enables DOE to invest in carbon capture, conversion and storage technologies that play essential roles in the development and deployment of clean energy.” 

These programs will enable the capture, transport, and permanent storage of GHG emissions to help mitigate the impacts of climate change on communities. 

The $2.54 billion Carbon Capture Demonstration Projects Program will focus on integrated carbon capture, transport, and storage technologies and infrastructure that can be readily replicated and deployed at fossil energy power plants and major industrial sources of CO2, such as cement, pulp and paper, iron and steel, and certain types of chemical production facilities.  

 The $100 million Carbon Dioxide Transport/Front-End Engineering Design Program will design regional carbon dioxide pipeline systems to safely transport CO2 from key sources to centralized locations.  These projects will expand DOE’s knowledge of carbon transport costs, transport network configurations, and technical and commercial considerations to support the country’s broader efforts to develop and deploy carbon capture and carbon dioxide removal technologies, carbon conversion, and storage at fully-commercial scale.  

 

Share this valuable information with your colleagues using the buttons below:

« Back to News


  • Facebook
  • Twitter
  • LinkedIn
  • Subscribe

Smart Energy Decisions Content Partners