The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) recently announced 23 projects to receive a total of more than $13 million in funding supporting research and development (R&D) for carbon management technologies and applications that will reduce carbon dioxide (CO2) emissions to address the impacts of climate change. The projects will be led by universities and private sector companies across the United States to advance technologies toward commercial deployment that will capture CO2 from sources such as industrial facilities or power plants, or directly from the air and oceans, and convert the CO2 into valuable products such as fuels, chemicals, and building materials. These efforts will help deliver on President Biden’s goal of a net-zero economy by 2050, while providing high-quality jobs and economic opportunities for our energy communities.
The first set of four projects (selected under round one of this funding opportunity) will support R&D for technologies that can convert CO2 emissions captured from industrial facilities and power plants into long-lived building materials like concrete, while significantly reducing overall life cycle emissions in the process. The projects will also focus on improving the cost efficiency of these processes.
The second set of 19 R&D projects (selected under round two of this funding opportunity) will support cost-effective processes for ocean-based carbon removal technologies and direct air capture of CO2 coupled with carbon-free hydrogen to create carbon-neutral methanol — a chemical building block for many valuable products such as fuels and plastics.
DOE’s National Energy Technology Laboratory (NETL), under the purview of FECM, will manage the selected projects. A detailed list of the selected projects can be found here for the round one selections and here for the round two selections.
With these selections, FECM has announced investments of over $678 million in about 170 projects since January 2021 that advance research, development, and deployment of carbon capture, removal, transport, conversion, and storage. This progress is essential to help drive economic development, technological innovation, and the creation of high-wage jobs as we build a clean energy and industrial economy.