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Department of Energy Launches $3.5 Billion Carbon Capture And Storage Program

The U.S. Department of Energy (DOE) on May 19 released a notice of intent (NOI) to fund the infrastructure law’s $3.5 billion program for carbon dioxide (CO2) capture and storage.

The Regional Direct Air Capture Hubs program will support four large-scale, regional direct air capture hubs that each comprise a network of carbon dioxide removal (CDR) projects.

DOE noted that direct air capture is a process that separates CO2 from ambient air. The separated CO2 is then permanently stored deep underground or converted for use in long-life products like concrete that prevent its release back into the atmosphere.

Each of the projects selected for the Regional Direct Air Capture Hubs program will demonstrate the delivery and storage or end use of removed atmospheric carbon.

The hubs will have the capacity to capture and then permanently store at least one million metric tons of CO2 from the atmosphere annually, either from a single unit or from multiple interconnected units. 

For more information, read the NOI here.

DOE will host a virtual Carbon Negative Shot Summit on July 20 and 21, 2022.