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The US Department of Energy has allocated $45 million for point-source carbon capture and storage projects.
The U.S. Department of Energy (DOE) announced $45 million in funding for 12 projects to advance point-source carbon capture and storage technologies. These projects aim to capture at least 95% of carbon dioxide (CO2) emissions generated from natural gas power and industrial facilities that produce commodities like cement and steel.
These 12 projects were selected by DOE’s Office of Fossil Energy and Carbon Management (FECM) and fit under three areas of interest: (1) carbon capture research and development, (2) engineering-scale testing of carbon capture technologies and (3) engineering design studies for carbon capture systems. DOE’s National Energy Technology Laboratory (NETL) will manage the selected projects:
A detailed list of the selected projects and their associated areas of interest can be found here.