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Carbon Dioxide Transportation Infrastructure Finance and Innovation Act Program (CIFIA) Future Growth Grants

Federal Agency

Sub-Department

Office of Fossil Energy and Carbon Management (FECM)

Purpose

To provide grants to enable the necessary CO2 transport infrastructure that can allow for further demonstration, maturation, and validation of CCS and CDR technologies at commercial-scale.

Applicant and/or Project Eligibility Requirements

Eligible projects involve common carrier carbon dioxide transportation infrastructure or associated equipment, including pipeline, shipping, rail, or other transportation infrastructure and associated equipment, that will transport or handle carbon dioxide captured from anthropogenic sources or ambient air.

Decarbonization Considerations

CIFIA will help finance the development of carbon capture, utilization, and storage infrastructure to reduce CO2 emissions. Extracting CO2 directly from the atmosphere has the potential to act as an important tool to achieving a net-zero future, yet utilizing such systems can be costly. Improving technology can help to address the cost issue and further reduce the carbon emissions.

Equity Considerations

DOE will enable geographical diversity in associated projects that capture carbon dioxide from anthropogenic sources or ambient air, with the goal of enabling projects in all major carbon dioxide-emitting regions of the United States.

Helpful Tips

N/A

Other Notes

Additional information on the program can be found here: https://www.energy.gov/lpo/carbon-dioxide-transportation-infrastructure-finance-and-innovation-program

Deadline (Announced or Anticipated)

August 15, 2024 (Letter of Interest); October 30, 2024 (Full Application)

Funding Available

$500,000,000

Max Award Amount

N/A

Expected Allocations

5-10

Average Award (Estimated)

N/A

Matching Funds

20% cost share required for Future Growth Grants

Go to Program Website
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