DOE Funds Large Scale Carbon Capture Projects
DOE Funds Large Scale Carbon Capture Projects
The U.S. Department of Energy (DOE) recently announced over $444 million to support 16 selected projects across 12 states that will address climate change through carbon management technologies. The projects, funded by the 2021 Bipartisan Infrastructure Law, will expand carbon dioxide (CO2) storage infrastructure needed to reduce CO2 emissions from industrial operations and power plants, as well as from legacy emissions in the atmosphere. Large-scale deployment of carbon management technologies is a critical part of the U.S. strategy to meet ambitious net-zero emission climate goals by 2050.
According to DOE estimates, the United States will need to capture, transport, and permanently store hundreds of millions of tons of carbon dioxide each year in order to meet 2050 goals. This will require a concerted effort to build out the infrastructure to store large quantities of carbon dioxide in geologic storage facilities. Sixteen projects were selected for negotiation to support the development of new and expanded large-scale, commercial carbon storage projects, each with the capacity to securely store 50 or more million metric tons of carbon dioxide over a 30-year period. All projects will support the Carbon Storage Assurance Facility Enterprise (CarbonSAFE) Initiative, managed by DOE’s Office of Fossil Energy and Carbon Management (FECM).
For additional CarbonSAFE program information and full list of selected projects, visit: https://www.energy.gov/articles/biden-harris-administration-invests-444-million-strengthen-americas-infrastructure
According to DOE estimates, the United States will need to capture, transport, and permanently store hundreds of millions of tons of carbon dioxide each year in order to meet 2050 goals. This will require a concerted effort to build out the infrastructure to store large quantities of carbon dioxide in geologic storage facilities. Sixteen projects were selected for negotiation to support the development of new and expanded large-scale, commercial carbon storage projects, each with the capacity to securely store 50 or more million metric tons of carbon dioxide over a 30-year period. All projects will support the Carbon Storage Assurance Facility Enterprise (CarbonSAFE) Initiative, managed by DOE’s Office of Fossil Energy and Carbon Management (FECM).
For additional CarbonSAFE program information and full list of selected projects, visit: https://www.energy.gov/articles/biden-harris-administration-invests-444-million-strengthen-americas-infrastructure
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