Show me the Money: $12.9 million available for Geologic Sequestration Training and Research
The Department of Energy ("DOE") has released $12.93 million to fund geologic sequestration training and research. $7.93 million is available for awards to all universities, colleges, and college-affiliated research institutes and $5 million is available for awards to historically black colleges and universities or other minority institutes listed on the Office of Civil Rights's accredited post secondary minorities institution list.
Individual awards will be made across five areas of interest:
- Simulation and Risk Assessment
- Monitoring, Verification, and Accounting
- Well Completion, stimulation, and Integrity
- Capture and Transport- including pipeline transport and pre-combustion capture
- Post-Combustion capture- including oxy-combustion capture
DOE anticipates awarding 42 awards ranging from $100,000 to $300,000 to fund research projects involving field projects for hands-on training opportunities.
Show me the Money: $6.97 Million for Sequestration Training
The Department of Energy is requesting proposals for regional sequestration technology training. The funding is available to develop regional training that promotes the transfer of knowledge and technologies related to carbon capture and sequestration technologies.
Up to $6.97 million in Recovery Act Funding as available for up to 7 individual awards.
Proposals must be submitted by July 22, 2009.
Show me the Money: Carbon Capture and Benficial Carbon Dioxide Use
On June 8, 2009, the Department of Energy (“DOE”) issued a Funding Opportunity Announcement (“FOA”) to deploy over $1.4 billion from the American Recovery and Reinvestment Act (“Recovery Act”) to be used to lower our nation’s carbon emissions. The FOA will support projects in two areas: (1) the capture and sequestration of carbon dioxide emissions from industrial sources, and (2) demonstration of innovative concepts for beneficial CO2 use.
Applications under this FOA are Due August 7, 2009.
Commercial Scale Carbon Sequestration
On June 12, 2009, the Department of Energy ("DOE") announced that an agreement has been entered to develop the nation's first commercial scale, fully integrated, carbon capture and sequestration project in the country.
The Project will be constructed by the FutureGen Alliance and will serve as a flagship facility to demonstrate commercial scale carbon capture and storage. DOE will issue a Record of Decision on the project by the middle of July. Funding will be phased and conditioned based on completion of NEPA review.
The Project will receive funding from the following sources:
- $1 billion from Recovery Act funds for carbon capture and storage research
- $73 million from other federal funding
- $400-600 million cost share from the FutureGen Alliance (based on 20 member companies contributing $20-30 million each over a four to six year period)
