Recent Announcements
On April 17, FECM announced five finalists to receive a total of $1.5 million for developing commercialization programs that support technologies to reduce carbon dioxide (CO2) pollution by removing it directly from the atmosphere. The Direct Air Capture Energy Program for Innovation Clusters (EPIC) Prize is one of several prize competitions hosted by DOE and funded by the Bipartisan Infrastructure Law to support breakthrough direct air capture technologies that demonstrate strong potential to accelerate economic support and expand domestic carbon removal.
On April 18, FECM announced $8 million for 14 projects to advance technologies that capture CO2 from industrial facilities and power plants and convert those CO2 emissions into valuable products. Six projects will focus on advancing research and development to use CO2 captured from sources such as industrial and power generation facilities to produce algae-derived, value-added products and eight projects will seek to advance oxygen-based approaches such as oxy-combustion and chemical looping, which could lead to reductions in CO2 emissions associated with industrial production processes.
On April 18, FECM announced $8 million for five university and industry-led projects for the treatment and management of produced water and the management of legacy wastewater associated with coal-based thermal electric power generation facilities. These projects are in addition to $10 million for four projects previously announced in December 2023 to help lower the cost of developing and demonstrating technologies to manage wastewater safely and effectively for beneficial end-uses, while supporting DOE’s goals to provide environmental and economic benefits to communities that have been affected by stressed water resources and legacy pollution.
On April 22, FECM announced $11 million for four selected projects that will help fight climate change by bolstering the nation’s carbon management industry. The projects, funded by the Bipartisan Infrastructure Law, will support the transport of CO2 captured from industrial and power generation facilities, as well as from legacy carbon dioxide emissions captured directly from the atmosphere, to locations for permanent geologic storage.
On April 23, DOE announced $17.5 million for four projects that will help lower the costs and reduce the environmental impacts of the onshore production of rare earths and other critical minerals and materials from coal, coal wastes, and coal by-products. The projects, funded by the Bipartisan Infrastructure Law, will help meet the growing demand for critical minerals and materials in the United States, while reducing our reliance on foreign supply chains.
On April 24, FECM announced two projects selected to receive a total of $23.2 million to evaluate the potential of oil and gas production and geologic storage of CO2 from unconventional reservoirs through a combined process of injecting captured CO2 emissions to recover residual oil, while geologically storing that CO2—called CO2 enhanced oil recovery (CO2-EOR). The projects will help evaluate the feasibility for permanent storage of CO2 in depleted unconventional shale oil and gas reservoirs, repurposing existing infrastructure in support of the Biden-Harris Administration’s historic decarbonization goals.
FECM selected collegiate student team EarthFlow AI from Stanford University as the FECM Technology Bonus Prize Winner in the EnergyTech University Prize (EnergyTech UP)! This competition challenged collegiate student teams to develop and present a business plan that leverages National Laboratory-developed or other emerging energy technologies. In April, 28 finalist teams traveled to Austin, Texas, to compete in a National Pitch Event, where they presented their energy-focused business plans. The FECM Technology Bonus Prize Winner was awarded $22,000 for their outstanding commercialization plans around carbon dioxide removal. Congratulations to the student winners at Stanford University!
FECM released a new Carbon Management Resource Portal, a user-friendly platform that can be used to find and access reports, fact sheets, data, and other information on a variety of topics related to carbon management. This portal aims to help communities and other stakeholders access information grounded in science to better understand carbon management technologies.
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