Funding Notice: Carbon Capture Demonstration Projects Program

Office:  Office of Clean Energy Demonstrations   
FOA Number:   DE-FOA-0002962 
Access the FOA:  OCED eXCHANGE  
FOA Amount:  up to $1.7 billion  

Background Information   

On Feb. 23, 2023, the U.S. Department of Energy’s (DOE) Office of Clean Energy Demonstrations (OCED) issued a Funding Opportunity Announcement (FOA) for up to $1.7 billion for integrated carbon capture and storage (CCS) projects that demonstrate substantial improvements in the efficiency, effectiveness, cost, and environmental performance for power and industrial applications. DOE will provide financial assistance through cooperative agreements at up to a 50% federal cost share for up to six transformational commercial-scale, integrated CCS demonstration projects designed to further advance the deployment of technologies to capture, transport, and store CO2 emissions. This FOA will fund two projects at new or existing coal electric generation facilities, two projects at new or existing natural gas electric generation facilities, and two projects at new or existing industrial facilities not purposed for electric generation. 

Eligibility 

Eligible applicants include industry stakeholders, including any industry stakeholder operating in partnership with National Laboratories, institutions of higher education, multi-institutional collaborations, for-profit entities, non-profit entities, Tribal Nations, state and local governmental entities, incorporated Consortia and unincorporated Consortia. 

Download the full funding opportunity for more information on eligibility. 

Topic Areas

This funding opportunity has three topic areas:  

  1. CCS demonstration at a coal electric generation facility 
  2. CCS demonstration at a natural gas electric generation facility 
  3. CCS demonstration at an industrial facility not purposed for electric generation 

Funding 

OCED expects to make up to six awards between $230-350M each with a maximum of up to 50% federal cost share.  

DOE anticipates issuing a third carbon capture FOA in the future for projects that are still performing FEED studies and other early project work and will not be ready to apply to this FOA.  

Download the full funding opportunity for more information. 

Key Dates   

Funding Opportunity Announcement Issue Date: 

02/23/2023 

Submission Deadline for Letters of Intent: 

03/28/2023 by 5 p.m., ET 

Submission Deadline for Full Applications: 

05/23/2023 by 5 p.m., ET 

Expected Date for Pre-Selection Interviews: 

August 2023 

Expected Timeframe for Award Negotiations: 

Fall 2023 

Additional Information