The US Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM), in collaboration with the Office of Nuclear Energy and the Office of Energy Efficiency and Renewable Energy’s Geothermal Technology Office, issued a notice of intent (NOI) for a Funding Opportunity Announcement (FOA) expected to support front-end engineering design (FEED) studies of direct air capture (DAC) combined with dedicated storage and coupled to existing low-carbon energy.
If the FOA is issued, it will support the advancement of DAC technologies that remove carbon dioxide (CO2) directly from the atmosphere. CO2 removal is essential to addressing the hardest-to-decarbonize sectors to meet the Biden-Harris Administration’s goal of net-zero carbon emissions by 2050. Applications must include host site letters of commitment; therefore, advanced notice is being given to support the development of these relationships. Additionally, a minimum of 20% cost share will be required and this NOI provides additional time to obtain non-federal resources.
FECM funds research and development (R&D) projects to reduce the cost of and decarbonize power generation and industrial sources, and to remove CO2 from the atmosphere to further the sustainable use of the nation’s energy resources.