Background
Carbon capture and storage captures carbon dioxide before it enters the atmosphere. Typically, carbon capture equipment is placed at or near the source of emissions, like a power plant or industrial facility. This is known as “point-source” capture. After the carbon dioxide (CO2) is captured, it is compressed so that it can be transported more easily by pipelines, truck, rail, or ships. The last step is to safely and permanently store the CO2 in geologic formations deep underground. There are rigorous requirements that projects must meet before they can inject and store the CO2.
DOE estimates that reaching our nation’s energy goals will require capturing and storing 400 million to 1.8 billion tons of CO2 annually by 2050. Commercial demonstration of advanced carbon capture technologies, integrated with reliable transportation and storage infrastructure, is necessary for the widespread deployment of carbon capture technologies.
Program Overview
The Carbon Capture Demonstrations Projects Program invests in integrated carbon capture, transport, and storage technologies and infrastructure that can be readily replicated and deployed at power plants and major industrial sources of carbon emissions, such as cement, pulp and paper, iron, and steel. This program aims to demonstrate substantial improvements in the efficiency, effectiveness, cost, and environmental performance for power and industrial sectors to create good-paying manufacturing jobs, reduce pollution for healthier communities, and reinforce America’s global competitiveness.
Current Funding Opportunities
With funding from both the Carbon Capture Large-Scale Pilot Projects Program and the Carbon Capture Demonstrations Projects Program, in December 2024, OCED issued a Notice of Funding Opportunity (NOFO) to fund up to $1.3 billion for transformational large-scale carbon capture, utilization, and storage technologies. Concept papers are due by March 1, 2025, and full applications are due by July 1, 2025. Learn more here.
- Read the OCED News Alert announcing the Notice of Funding Opportunity, published December 2024
- Download the Notice of Funding Opportunity, issued December 2024
- View the Notice of Funding webpage, published December 2024
- Read the OCED News Alert announcing the Notice of Intent, published September 2024
- View the Notice of Intent, issued September 2024
- Read the previously issued Funding Opportunity Announcement, issued February 2023.
- Read the Funding Opportunity Announcement Press Release, issued February 2023.
- View the Funding Notice webpage, issued February 2023.
- Download the previously issued Funding Opportunity, issued September 2022.
- Read the Funding Opportunity Press Release, issued September 2022.
- Read the Notice of Intent Press Release, issued July 2022.
- Review the previously issued Notice of Intent, issued July 2022.
- Review the previously issued Request for Information, issued January 2022.
Resources
- Read the latest updates on the Carbon Capture Demonstration Projects Program.
- View the CCS FEED Studies Technical Assistance Overview.
- Click here for a full suite of DOE’s carbon management programs and opportunities.
- Read the Carbon Management Liftoff Report.
- Watch the Carbon Management Liftoff Webinar.
- For more information on the Carbon Capture Demonstrations Projects Program, contact [email protected].
- For media inquiries, contact [email protected].
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