{"id":144,"date":"2015-03-10T09:57:52","date_gmt":"2015-03-10T09:57:52","guid":{"rendered":"http:\/\/demo.athemes.com\/sydney\/?p=144"},"modified":"2019-09-17T05:25:00","modified_gmt":"2019-09-17T05:25:00","slug":"dont-miss-our-next-event","status":"publish","type":"post","link":"https:\/\/aclydex.com\/index.php\/2015\/03\/10\/dont-miss-our-next-event\/","title":{"rendered":"U.S. Department of Energy Announces $110M for Carbon Capture, Utilization, and Storage"},"content":{"rendered":"
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Home<\/a>\u00a0\u00bb U.S. Department of Energy Announces $110M for Carbon Capture, Utilization, and Storage<\/div>\n
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Washington, D.C. \u2013\u00a0<\/strong>The U.S. Department of Energy\u2019s (DOE\u2019s) Office of Fossil Energy (FE) has announced approximately $110 million in federal funding for cost-shared research and development (R&D) projects under three funding opportunity announcements (FOAs). Approximately $75M is for awards selected under two FOAs announced earlier this fiscal year; $35M is for a new FOA.<\/p>\n

These FOAs further the Administration\u2019s commitment to strengthening coal while protecting the environment. Carbon capture, utilization, and storage (CCUS) is increasingly becoming widely accepted as a viable option for fossil-based energy sources\u2014such as coal- or gas-fired power plants and other industrial sources\u2014to lower their carbon dioxide (CO2<\/sub>) emissions.<\/p>\n

DOE\u2019s program has successfully deployed various large-scale CCUS pilot and demonstration projects, and it is imperative to build upon these learnings to test, mature, and prove CCUS technologies at the commercial scale. A recent\u00a0study<\/a>\u00a0by Science of the Total Environment found that DOE is the most productive organization in the world in the carbon capture and storage field.<\/p>\n

\u201cThis Administration is committed to providing cost-effective technologies to advance CCUS around the world,\u201d said Secretary Perry. \u201cCCUS technologies are vital to ensuring the United States can continue to safely use our vast fossil energy resources, and we are proud to be a global leader in this field.\u201d<\/p>\n

\u201cCCUS technologies have transformative potential,\u201d said Assistant Secretary for Fossil Energy Steven Winberg. \u201cNot only will these technologies allow us to utilize our fossil fuel resources in an environmentally friendly manner, but the captured CO2<\/sub>\u00a0can also be utilized in enhanced oil recovery, which would help us maximize our energy production.\u201d<\/p>\n

Under the first FOA award,\u00a0Front-End Engineering Design (FEED) Studies for Carbon Capture Systems on Coal and Natural Gas Power Plants<\/em>, DOE has selected nine projects to receive $55.4 million in federal funding for cost-shared R&D. The selected projects will support FEED studies for commercial-scale carbon capture systems. Find project descriptions\u00a0HERE<\/a>.<\/p>\n

Under the second FOA award,\u00a0Regional Initiative to Accelerate CCUS Deployment,\u00a0<\/em>DOE selected four projects to receive up to $20 million in federal funding for cost-shared R&D. The projects also advance existing research and development by addressing key technical challenges; facilitating data collection, sharing, and analysis; evaluating regional infrastructure; and promoting regional technology transfer. Additionally, this new regional initiative includes newly proposed regions or advanced efforts undertaken by the previous\u00a0Regional Carbon Sequestration Partnerships (RCSP) Initiative<\/a>. Find project descriptions\u00a0HERE<\/a>.<\/p>\n

Under the new FOA,\u00a0Carbon Storage Assurance Facility Enterprise (CarbonSAFE): Site Characterization and CO2<\/sub>\u00a0Capture Assessment<\/em>, DOE is announcing up to $35 million in federal funding for cost-shared R&D projects that will accelerate wide-scale deployment of CCUS through assessing and verifying safe and cost-effective anthropogenic CO2\u00a0<\/sub>commercial-scale storage sites, and carbon capture and\/or purification technologies. These types of projects have the potential to take advantage of the 45Q tax credit, which provides a tax credit for each ton of CO2<\/sub>\u00a0sequestered or utilized. The credit was recently increased to $35\/metric ton for enhanced oil recovery and $50\/metric ton for geologic storage.<\/p>\n

Projects selected under this new FOA shall perform the following key activities: complete a detailed site characterization of a commercial-scale CO2<\/sub>\u00a0storage site (50 million metric tons of captured CO2<\/sub>\u00a0within a 30 year period); apply and obtain an underground injection control class VI permit to construct an injection well; complete a CO2<\/sub>capture assessment; and perform all work required to obtain a National Environmental Policy Act determination for the site. Read more details\u00a0HERE<\/a>.<\/p>\n

DOE\u2019s National Energy Technology Laboratory will manage the selected projects. More information about the National Energy Technology Laboratory is available\u00a0HERE<\/a>. To learn more about the programs within the Office of Fossil Energy, visit their website\u00a0HERE<\/a>.<\/p>\n

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Home\u00a0\u00bb U.S. Department of Energy Announces $110M for Carbon Capture, Utilization, and Storage Washington, D.C. \u2013\u00a0The U.S. Department of Energy\u2019s (DOE\u2019s) Office of Fossil Energy (FE) has announced approximately $110 million in federal funding for cost-shared research and development (R&D) projects under three funding opportunity announcements (FOAs). Approximately $75M is for awards selected under two […]<\/p>\n","protected":false},"author":1,"featured_media":279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/aclydex.com\/index.php\/wp-json\/wp\/v2\/posts\/144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aclydex.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aclydex.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aclydex.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aclydex.com\/index.php\/wp-json\/wp\/v2\/comments?post=144"}],"version-history":[{"count":2,"href":"https:\/\/aclydex.com\/index.php\/wp-json\/wp\/v2\/posts\/144\/revisions"}],"predecessor-version":[{"id":286,"href":"https:\/\/aclydex.com\/index.php\/wp-json\/wp\/v2\/posts\/144\/revisions\/286"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aclydex.com\/index.php\/wp-json\/wp\/v2\/media\/279"}],"wp:attachment":[{"href":"https:\/\/aclydex.com\/index.php\/wp-json\/wp\/v2\/media?parent=144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aclydex.com\/index.php\/wp-json\/wp\/v2\/categories?post=144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aclydex.com\/index.php\/wp-json\/wp\/v2\/tags?post=144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}