The U.S. Department of Energy (DOE) has announced approximately $6.7 million in federal funding for cost-shared projects that will develop technologies that utilize carbon dioxide (CO2) from coal-fired power plants to produce useful products.
The DOE’s Office of Fossil Energy is seeking these projects as part of its Carbon Storage program, which seeks to develop and advance technologies to improve the effectiveness of carbon storage and reduce the cost of implementation. The department is targeting widespread commercial deployment in the 2025–2035 timeframe.
Carbon capture and storage is a key component of national efforts to reduce greenhouse gas emissions and mitigate climate change. Carbon dioxide is first captured from large point sources, such as coal-fired power plants, then transported to a storage site and deposited where it is not able to enter the atmosphere. Often, in a process called geologic sequestration, the captured CO2 is injected into underground geological formations, such as depleted oil and gas fields, un-mineable coal seams, and saline formations, where it cannot escape. Another option is to use the CO2 as a reagent to create useful products like cement, plastics, or liquid fuels.
The new funding opportunity announcement (FOA) focuses on the second of these pathways, which is focused on securing applications for projects that will develop CO2-utilization technologies that produce useful products at lower cost than currently available technologies, without generating additional greenhouse gas emissions. Awards made from the FOA will validate the concept, estimate the technology cost, and demonstrate that the carbon lifecycle of the products can offer a true carbon reduction.
The FOA entitled “Applications for Technologies Directed at Utilizing Carbon Dioxide from Coal Fired Power Plants” targets three areas of Interest: Biological based concepts for beneficial use of CO2, mineralization concepts utilizing CO2 with industrial wastes, and novel physical and chemical processes for beneficial use of carbon
Read more about the funding opportunity here .