decarbonfuse Icons/logo

Press Release

DOE Announces Intent to Fund Pilot-Scale Projects That Convert Carbon Emissions into Value-Added Products

Published by Todd Bush on November 19, 2024

WASHINGTON, D.C. — The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today issued a notice of intent (NOI) to provide funding from the Bipartisan Infrastructure Law for large-scale conversion of carbon emissions into environmentally responsible and economically valuable products.

>> In Other News: Enagás and Heidelberg Materials Agree to Develop Sustainable CO2 Management Projects in Northern Spain

Projects will develop the sustainable feedstocks and conversion technologies necessary to produce crucial fuels, building materials, and other carbon-based products that are better for the environment than current products. Carbon conversion plays a critical role in the transition to a net-zero economy by transforming carbon emissions captured from industrial operations and power plants, as well as from legacy emissions in the atmosphere.

If issued, this funding opportunity will support pilot-scale projects that advance carbon conversion technologies with a high technology readiness level that are capable of achieving significant carbon mitigation via biological, catalytic, or mineralization pathways. DOE also seeks to advance and support testing of product performance and characterization needed for market or consumer adoption. This may include lifecycle analysis development for novel carbon conversion technologies and pilot or demonstration facilities using those technologies.

The program will benefit manufacturers, technology providers, and the general public by advancing the commercial viability of and consumer access to less expensive and more environmentally friendly products and services. Further, in alignment with the President’s commitment that the Bipartisan Infrastructure Law create broadly shared economic prosperity across the United States, funding applicants will be required to carefully consider impacts and benefits to workers and communities by emphasizing community and labor engagement, creating high-quality jobs, and providing economic and environmental benefits to affected communities.

To prepare for the upcoming issuance of notice of funding opportunity (NOFO), prospective applicants are encouraged to read the full NOI. DOE expects to issue the NOFO during calendar year 2025.

FECM minimizes environmental and climate impacts of fossil fuels and industrial processes while working to achieve net-zero emissions across the U.S. economy. Priority areas of technology work include carbon capture, carbon conversion, carbon dioxide removal, carbon dioxide transport and storage, hydrogen production with carbon management, methane emissions reduction, and critical minerals production. To learn more, visit the FECM website, sign up for FECM news announcements, and visit the National Energy Technology Laboratory website.

Icons/external Source

Subscribe to the newsletter

Icons/inbox check

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.


Latest issues

View all issues

Company Announcements

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.

Subscribe illustration