Funding Notice: Bipartisan Infrastructure Law: Carbon Capture Technology Program, Front-End Engineering Design for Carbon Dioxide (CO2) Transport

On December 13, 2024, U.S. Department of Energy’s Office of Fossil Energy and Carbon Management (FECM) the announced $6 million for one selected project to explore the transport of carbon dioxide (CO₂) from onshore industrial and power generation facilities to offshore secure geologic storage in Texas state waters. 

In addition, DOE announced it will make up to $48 million available under the fourth opening of the Bipartisan Infrastructure Law funding opportunity to support regional CO₂ transport networks that connect sources of CO₂ to locations for geologic storage or conversion to value-added products. Expanding commercial CO₂ transport and storage supports the development of a large-scale carbon management industry to reduce emissions, provide new job opportunities, and enhance our energy security.

The United States will likely need to capture and permanently store approximately 400–1,800 million metric tons of CO₂ annually to achieve a net-zero emissions economy by mid-century. To accommodate the expected rapid growth of the carbon capture and storage industry, we will need to significantly expand our CO₂ transport network over the next decade to connect CO₂ sources, such as industrial facilities and power plants, to geologic formations where captured CO₂ emissions can be securely and permanently stored deep underground or to locations where it can be used as a feedstock to manufacture fuels, chemicals, building materials, and other products. 

This funding is provided from the Bipartisan Infrastructure Law Section 40303.