The US Department of Energy (DOE) has announced the first recipients of the $2.25 billion Carbon Storage Program, which aims to support the development of carbon capture, utilization, and storage (CCUS) technologies. The program is part of the Biden administration’s efforts to combat climate change and achieve net-zero emissions by 2050.
The Carbon Storage Program will provide funding for projects that demonstrate the commercial viability of CCUS technologies, including carbon capture from industrial processes and power generation, transportation of captured carbon dioxide (CO2), and storage in geologic formations. The program will also support research and development of new CCUS technologies and infrastructure.
The first round of funding, totaling $99 million, has been awarded to 10 projects across the United States. The projects include:
1. Carbon Clean Solutions: This project will demonstrate a new carbon capture technology that uses solvents to capture CO2 from industrial processes.
2. Carbon Clean Solutions: This project will demonstrate a new carbon capture technology that uses solvents to capture CO2 from power plants.
3. Carbon Clean Solutions: This project will demonstrate a new carbon capture technology that uses solvents to capture CO2 from natural gas processing.
4. Carbon Clean Solutions: This project will demonstrate a new carbon capture technology that uses solvents to capture CO2 from cement production.
5. Carbon Clean Solutions: This project will demonstrate a new carbon capture technology that uses solvents to capture CO2 from steel production.
6. Carbon Clean Solutions: This project will demonstrate a new carbon capture technology that uses solvents to capture CO2 from ethanol production.
7. University of Wyoming: This project will develop a new method for monitoring CO2 storage in geologic formations.
8. University of Texas at Austin: This project will develop a new method for predicting the long-term behavior of CO2 stored in geologic formations.
9. University of Illinois at Urbana-Champaign: This project will develop a new method for monitoring CO2 storage in saline aquifers.
10. University of North Dakota: This project will develop a new method for monitoring CO2 storage in oil and gas reservoirs.
The DOE expects these projects to create jobs, reduce greenhouse gas emissions, and accelerate the deployment of CCUS technologies. The Carbon Storage Program is part of the Biden administration’s broader efforts to invest in clean energy and infrastructure, create jobs, and address climate change.
In conclusion, the US Department of Energy’s Carbon Storage Program is a significant step towards achieving net-zero emissions by 2050. The program’s first round of funding will support the development of CCUS technologies and infrastructure, which will create jobs, reduce greenhouse gas emissions, and accelerate the transition to a clean energy economy. The DOE’s investment in CCUS technologies is a critical component of the Biden administration’s efforts to combat climate change and build a more sustainable future.
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