Office: Carbon Management
FOA number: DE-FOA-0002966
Download the full funding opportunity: FedConnect
Funding Amount: $500 million
Background Information
On December 20, 2024, the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced it is re-opening a funding opportunity to make up to $500 million available for projects that will help expand carbon dioxide (CO2) transportation infrastructure across the United States. Accelerating the development and deployment of carbon management technology to capture CO2 emissions from industrial operations and power generation, as well as directly from the atmosphere, requires a safe and reliable system that can transport the captured CO2, either for permanent geologic storage or for conversion to useful, durable products. These efforts will reduce CO2 emissions, provide new job opportunities, and enhance our Nation’s energy security.
This funding opportunity will provide future growth grants under DOE’s Carbon Dioxide Transportation Infrastructure Finance and Innovation (CIFIA) program, made available through the Bipartisan Infrastructure Law. Future growth grants are intended to provide financial assistance for designing, developing, and building CO2 transport systems whose capacity exceeds the CO2 volumes currently under commercial contract. Building this excess capacity up front will make it available for future carbon capture and direct air capture facilities as they are developed and for additional CO2 storage and/or conversion sites as they come into operation.
Under this funding opportunity, the transport system—which may include pipelines, rail, trucks, barges, and/or ships—must connect, either directly or indirectly, two or more CO2 emitting sources to one or more conversion sites or secure geologic storage facilities. DOE is interested in projects sited in different regions that will provide an increased understanding of varying CO2 transport costs, transport modes, and transport network configurations, as well as technical, regulatory, and commercial considerations. This information will help inform DOE’s research and development strategy and encourage commercial-scale deployment of carbon capture and storage and CO2 removal.
The funding opportunity will remain open for one year, with four review periods with distinct windows for application, selection, and negotiation.
This funding is provided from the Bipartisan Infrastructure Law Section 40304.
Eligibility
Eligible applicants include domestic entities including for-profit entities, state and local governmental entities, and Indian Tribes
Areas of Interest
This funding opportunity announcement has two areas of interest:
- CIFIA FGG Project in conjunction with a Base Project funded by a LPO CIFIA Loan
- CIFIA FGG Project in conjunction with a Base Project that has secured funding
Funding
It is anticipated that this funding opportunity will provide Federal funding of $500,000,000 over 5 years.
Key Dates
FOA Issue Date: | 12/20/2024 |
Final Submission Deadline for Full Applications: | 01/02/2026 5:00 PM ET |
Expected Date for Selection Notifications: | Multiple rounds of selections |
Additional Information
- Download the full funding opportunity on FedConnect.
- All applicants must register and apply on Grants.gov and submit questions through FedConnect.
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- Carbon Management
The funding opportunity will provide future growth grants under DOE’s Carbon Dioxide Transportation Infrastructure Finance and Innovation program -
- Carbon Capture
- Carbon Management
- Decarbonization
- Bipartisan Infrastructure Law
- Investing in America
FECM issued a notice of intent to provide funding for DOE’s Carbon Dioxide Transportation Infrastructure Finance and Innovation (CIFIA) Future Growth Grants program, focused on expanding carbon dioxide transportation infrastructure
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Last Updated: December 20, 2024