The U.S. Department of Energy announced the availability of funding to leverage existing low-carbon energy to scale-up direct air capture (DAC) technology combined with reliable carbon storage. DAC, a carbon dioxide removal approach, is a process that separates carbon dioxide (CO2) from ambient air. The separated CO2 can then be safely and permanently stored deep underground or converted into products. DAC is considered a growing and necessary field that still requires significant investments to create a cost-effective and economically viable technology that can be deployed at scale in the commercial CO2 market. Advancing the deployment of DAC approaches is critical to combatting the current climate crisis and achieving net-zero emissions by 2050—a key priority for the Biden-Harris Administration.
This FOA will facilitate engineering studies of advanced DAC systems capable of removing 5,000 tonnes of CO2 per year from the air—the equivalent of the electricity used by more than 900 homes in the United States for one year. These systems will also be suitable for long-duration carbon storage.
The studies will provide detailed information on the operation of these systems and potential investment costs that will allow DOE to accelerate research and development for existing DAC technologies, co-located with domestic low-carbon thermal energy sources, such as nuclear power plants, geothermal resources, and industrial plants.
The cost-share must be at least 20% of the total allowable costs for research and development projects
Individuals; Domestic Entities; Domestic Public Entities (excluding Federal entities);
Federally Funded Research and Development Centers and National Laboratories.
FUNDING AVAILABLE AND APPLICATION WINDOW:
FUNDING AVAILABILITY: $14.5 million.
APPLICATION DEADLINE: December 22, 2021