Carbon Storage Validation and Testing / Large-scale Carbon Storage Commercialization Program - American Cities Climate Challenge

Carbon Storage Validation and Testing / Large-scale Carbon Storage Commercialization Program

Federal Agency

Sub-Department

National Energy Technology Laboratory (NETL)

Purpose

To expand DOE's Carbon Storage program to fund development of new or expanded commercial large-scale carbon sequestration projects and associated carbon dioxide transport infrastructure, including funding for the feasibility, site characterization, permitting, and construction stages of project development.

Applicant and/or Project Eligibility Requirements

Eligible projects include the development of new or expanded commercial large-scale carbon sequestration projects and associated carbon dioxide transport infrastructure, including funding for the feasibility, site characterization, permitting, and construction stages of project development.

Decarbonization Considerations

Leveraging existing Regional Carbon Sequestration Partnerships and expanding resources to demonstrate and deploy safe underground storage of CO2.

Equity Considerations

See the "Equity Design Considerations for Federal Funding" for general considerations and additional sector-based resources: https://cityrenewables.org/resources/equity-design-considerations-for-federal-funding/

Helpful Tips

N/A

Other Notes

$2,500,000,000 for FY22-26

Deadline (Announced or Anticipated)

Expected 2nd quarter 2022

Funding Available

$2,500,000,000

Max Award Amount

TBA

Expected Allocations

TBA

Average Award (Estimated)

TBA

Matching Funds

20% match required

Go to Program Website
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