Published by Todd Bush on October 31, 2024
WASHINGTON, D.C. — As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) today issued a Request for Information (RFI) to obtain public input regarding additional approaches that current and future DOE programs could implement to help direct air capture (DAC) technology developers address challenges in raising project investment capital and achieving sustained facility operations. This RFI will help inform the Regional DAC Hubs program, which supports an ecosystem of projects that aim to remove harmful legacy carbon dioxide (CO₂) from the atmosphere and accelerate efforts to meet President Biden and Vice President Harris’ ambitious clean energy and climate goals.
>> In Other News: Ways2H Achieves Major Milestone in Carbon-Negative Hydrogen Production
The goal of this RFI is to understand how federal funding may complement existing DOE funding mechanisms supporting development, construction, and partial operations funding for first-of-a-kind (FOAK) commercial demonstrations and supplement other government incentives (e.g., 45Q tax credit) in support of direct air capture technology commercialization and spurring the development of the Regional DAC Hubs. DAC is a process that separates CO₂ from the air, helping to reduce legacy CO₂ in the atmosphere. The separated CO₂ can then be safely and permanently stored deep underground or converted into useful carbon-containing products like concrete, preventing its release back into the atmosphere. Widespread deployment of DAC and other innovative technologies that capture emissions are key to combatting the climate crisis and reinforcing America’s global competitiveness in the zero-carbon economy of the future. DOE estimates that reaching the Biden-Harris Administration’s plan for a net-zero carbon emissions economy will require that between 400 million and 1.8 billion metric tons of CO₂ be removed from the atmosphere and captured from emissions sources annually by 2050.
In August 2023, under the Regional DAC Hubs program’s first funding opportunity, DOE announced the selection of 21 projects for award negotiations, including two Regional DAC Hubs in Louisiana and Texas. The additional 19 projects, managed by DOE’s Office of Fossil Energy and Carbon Management (FECM), received funding for earlier stages of project development, including feasibility assessments and front-end engineering and design studies. In September 2024, OCED released a Notice of Intent on the next round of anticipated funding for the Regional DAC Hubs program, expected in winter 2024.
Responses to the RFI are due by December 17, 2024, at 5 p.m., ET. OCED may publicly share a summary of the responses in written, webinar, or other formats. View the RFI here.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue ✈️ Par Pacific's Kapolei Biorefinery Is Now Making SAF in Hawaii ⛽ IRFA Confident Year-Round E15 Will Receive Strong, Bipartisan Support During May 13 House Vote 🛩️ LanzaTech Sel...
Inside This Issue ⚙️ Horizon's 5MW AEM Delivery to Rockcheck Steel Marks a Commercial First 🗺️ Verra Selects Data Service Providers to Produce REDD Risk Maps 🟢 More Green Hydrogen on Its Way 🔌 Ten...
Inside This Issue 🌬️ California Commits $11 Million To Advance Direct Air Capture Demonstration Projects 🤝 Colorado And Wyoming Sign Agreement To Coordinate Carbon Storage Permitting 🧪 Deep Tech S...
MUNICH, May 11, 2026 /PRNewswire/ -- At IFAT Munich 2026, Vary Tech, a global leader in solid waste resource utilization, together with Evonik and SupeZET, officially launched a full-industry chain...
Greenlane Signs Definitive Agreements With Panasonic As Cascade LF Production Partner In Brazil
~Partnership establishes local production facility to fulfill Brazilian demand for Greenlane's next-generation landfill gas upgrading technology~ VANCOUVER, BC, May 11, 2026 /CNW/ - Greenlane Rene...
Fusion Fuel Announces BioSteam Energy Has Begun Commercial Operations
Majority-Owned Joint Venture Begins Biomass-Powered Steam Operations at Dairy Facility in South Africa, With Right of First Refusal on Future Projects Dublin, May 11, 2026 (GLOBE NEWSWIRE) -- Fusi...
€500 Million Project Targets 79 000 Tonnes of Sustainable Aviation Fuel and 9 000 Tonnes of Renewable Diesel Annually GHENT, Belgium, May 11, 2026 (GLOBE NEWSWIRE) -- North Sea Port is delighted t...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.