*Issued on Monday in observance of the Christmas holiday* This week's award: IDP's Novel CO2 Utilization for Electric Vehicle Battery Chemical Production
Office of Clean Energy Demonstrations
December 23, 2024
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On Wednesdays, OCED will announce the latest projects that have successfully completed award negotiations. OCED will only issue an Award Wednesday notification on weeks when an award has been finalized.
Industrial Demonstrations Program
Novel CO2 Utilization for Electric Vehicle Battery Chemical Production
OCED awarded the Novel CO2 Utilization for Electric Vehicle Battery Chemical Production project, led by The Dow Chemical Company (Dow), with $10 million (of the total project federal cost share of up to $95 million) to begin Phase 1 activities. Dow plans to design and construct a facility on the U.S. Gulf Coast with the intent to capture and utilize approximately 50% to 90% byproduct CO2 from a large-scale manufacturing process to produce essential components of electrolyte solutions needed for domestic lithium-ion batteries. This project would represent a leading U.S. demonstration to capture and utilize CO2 from upstream material manufacturing. This project would also provide supply chain resilience by establishing a domestic manufacturing base for the rapidly expanding U.S. electric vehicle and power storage markets, which are critical pieces of the energy transition. During Phase 1, Dow will conduct initial planning, engineering, and design tasks while carrying out tasks associated with OCED’s completion of the National Environmental Policy Act (NEPA) review. Dow also intends to hold preliminary meetings with workforce and community groups in the area.
View the project fact sheet and community benefits commitments summary here. Learn more about engagement opportunities here.