Carbon capture projects, regional CO2 pipeline design to get $2.6B in DOE funding proposal

Read the full story from Utility Dive.

The Department of Energy plans to offer $2.54 billion to help finance six carbon capture and storage, or CCS, demonstration projects at coal- and gas-fired power plants as well as at industrial facilities, according to a notice of intent issued Wednesday.

DOE will also provide $100 million for designing regional carbon dioxide pipeline systems, the department said in a separate notice.

“To meet President Biden’s climate goals, we have to rapidly decarbonize our power generation and heavy industries – such as steel production – that are essential to the clean energy transition,” DOE Secretary Jennifer Granholm said in a statement.

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