The US Department of Energy’s (DOE’s) Office of Fossil Energy is providing around $110m in funding for carbon capture, utilisation, and storage (CCUS) research and development (R&D) projects.
CCUS is an alternative option to help reduce carbon dioxide (CO2) emissions from coal or gas-fired power plants and other industrial energy sources.
The federal funding has been awarded for projects selected under three funding opportunity announcements (FOAs).
The first FOA award is known as Front-End Engineering Design (FEED) Studies for Carbon Capture Systems on Coal and Natural Gas Power Plants.
Under this award, nine projects will receive nearly $55.4m in federal funding for cost-shared R&D.
US DOE Secretary Perry said: “CCUS technologies are vital to ensuring the US can continue to safely use our vast fossil energy resources, and we are proud to be a global leader in this field.”
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By GlobalDataThe second FOA, known as Regional Initiative to Accelerate CCUS Deployment, will provide approximately $20m in federal funding for four DOE-selected projects for cost-shared R&D projects.
About $35m has been allocated for cost-shared R&D projects under a new FOA named Carbon Storage Assurance Facility Enterprise (CarbonSAFE): Site Characterisation and CO2 Capture Assessment.
US DOE Fossil Energy assistant secretary Steven Winberg said: “CCUS technologies have transformative potential.
“Not only will these technologies allow us to utilise our fossil fuel resources in an environmentally friendly manner, but the captured CO2 can also be utilised in enhanced oil recovery, which would help us maximise our energy production.”
DOE said that all the selected projects will be managed by its National Energy Technology Laboratory.
Last month, the US DOE opened the National Reactor Innovation Centre (NRIC) to support the development of advanced nuclear energy technology.
