Office: Carbon Management
FOA number: DE-FOA-0002711
Download the full funding opportunity: FedConnect
Funding Amount: $2.25 billion
Background Information
On October 21, 2024, announced more than $518 million to support 23 selected projects across 19 states that will fight climate change by developing the infrastructure needed for national decarbonization. The projects, funded by the Bipartisan Infrastructure Law, will provide for the development and validation of commercial large-scale carbon storage infrastructure to significantly and responsibly reduce carbon dioxide (CO2) emissions from industrial operations and power plants, as well as from legacy emissions in the atmosphere, while supporting good jobs and environmental priorities in local communities.
This funding is provided from the Bipartisan Infrastructure Law Section 40305.
Selectees
Twenty-three projects were selected for negotiation to support the development of new and expanded commercial large-scale carbon storage projects with the capability to store 50 or more million metric tons of CO2 over a 30-year period. All projects will support the Carbon Storage Assurance Facility Enterprise (CarbonSAFE) Initiative, managed by FECM, and focus on the detailed site characterization, planning, permitting, and construction stages of project development under CarbonSAFE.
| DATE | ROUND | SELECTION DETAILS |
| October 21, 2024 | Round 3 | View detailed list of selected projects |
| November 14, 2023 | Round 2 | View detailed list of selected projects |
| May 17, 2023 | Round 1 | View detailed list of selected projects |
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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Last Updated: October 21, 2024