The DOE has invested more than $130 million to lower the nation’s carbon footprint

Washington DC — The U.S. Department of Energy (DOE) today announced $131 million for 33 research and development projects to expand the deployment of carbon management technologies to reduce carbon dioxide (CO2) emissions. The projects address the technical challenges of capturing CO2 from power plants and industrial facilities or directly from the atmosphere, and assess potential CO2 storage sites to increase the number of commercial sites. Expanding commercial CO2 storage capacity and related carbon management industries will provide economic opportunities for communities and workers, helping to achieve President Biden’s goal of achieving net zero greenhouse gas emissions by 2050.

“By deploying devices to capture, remove and store CO2 emissions, we can significantly reduce air pollution that harms our health and intensify extreme weather events,” he said. United States Energy Secretary Jennifer M. Granholm. “The projects announced today bring us closer to achieving our climate goals while helping to revitalize local economies and deliver environmental benefits to communities that are often left behind.”

Increased carbon pollution is increasing vulnerability to drought and flooding and threatening agriculture, health and water supplies. Carbon capture technologies manage CO2 emissions at the source, such as a power plant or industrial facility, by capturing and storing the CO2 they produce. Carbon dioxide removal methods, such as direct air capture with storage, carbon dioxide removal methods directly remove carbon dioxide pollution from the atmosphere to reduce the impact of climate change by reducing carbon dioxide levels. Both carbon capture and carbon sequestration have the potential to remove hundreds of millions of tons of CO2 pollution annually.

Carbon Management Awards
DOE is investing $38 million in 22 projects under the “Carbon Management” funding opportunity to develop technologies to capture and transport CO2 from utility and industrial sources or directly from the atmosphere, or to convert it into valuable products, such as fuels and chemicals. Projects examine commercial feasibility and technical gaps, as well as environmental and societal impacts of the technologies.

Selected carbon dioxide removal projects support the cost and performance goals of DOE’s Carbon Negative Shot initiative, which calls for innovation in ways to capture CO2 from the atmosphere and store it at a meaningful scale below $100/net metric ton of CO2-. Equivalent. The CO2 storage projects announced today under this FOA specifically look to evaluate potential resources for mineral carbon storage—CO2 is permanently stored as a solid mineral through chemical reactions. A detailed list of selected carbon management projects can be found here.

Carbon SAFE Awards
DOE is investing $93 million in 11 projects awarded under the “Carbon Safe: Phase II – Storage Complex Feasibility” funding opportunity to evaluate processes for safe, efficient and cost-effective onshore and offshore CO2 storage projects at the commercial scale. Projects are selected under the DOE Carbon Storage Guarantee Institute Organization (Carbon SAFE) initiative, which focuses on developing geological storage sites capable of storing 50 or more million metric tons of carbon. A detailed list of the selected Carbon SAFE projects announced today is available here.

DOE’s National Energy Technology Laboratory (NETL) manages the selected projects.

DOE’s Office of Fossil Energy and Carbon Management (FECM) conducts research, development, demonstration, and deployment projects to decarbonize power generation and industrial production, remove carbon dioxide from the atmosphere, and reduce the environmental impact of fossil fuel production and use. Technology priority areas include carbon capture, carbon dioxide removal, carbon dioxide transport and storage, hydrogen production with carbon management, methane emission reduction, and production of critical minerals.

To learn more visit the FECM website,sign upFor FECM news announcements, and visitNETL website.