Carbon Management

Office: Carbon Management
FOA number: DE-FOA-0002614
Download the full funding opportunity: FedConnect
Funding Amount: $30 million

Background Information

On February 29, 2024, U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) announced up to $30 million in additional funding to support two carbon management priorities—the conversion of carbon dioxide (CO₂) into environmentally responsible and economically valuable products and the development of lower-cost, highly efficient technologies to capture CO₂ from industrial sources and power plants for permanent storage or conversion. Advancing the development of these technologies will help establish the foundation for a successful carbon capture, storage, and conversion industry in the United States and will help meet the Biden-Harris Administration’s ambitious climate goals of achieving a carbon neutral power sector by 2035 and net-zero greenhouse gas emissions by 2050.


Eligible applicants include individuals, institutions of higher education, for- and non-profit organizations, state and local governments, and tribal nations.

Areas of Interest

This funding opportunity announcement has two areas of interest:

AOI-1. Carbon Conversion Technology

Technologies that utilize carbon dioxide from sources such as industrial and power generation facilities, as well as from legacy carbon dioxide emissions captured directly from the atmosphere, to produce value-added products while simultaneously reducing carbon dioxide emissions.

AOI-1C. Non-Photosynthetic Biological Conversion of Carbon Dioxide
Research may include, but is not limited to, microbe selection, fermentation, reactor design, electrolyzer integration and gas recycling. Supported research and development will identify an end-use for the carbon dioxide that would otherwise be emitted into the atmosphere. 

AOI-1D. Conversion of Carbon Dioxide to Plastics
Research may use any conversion pathway, and should identify the plastic produced, the intended end-use, and the proposed conversion process.

AOI-1E. Conversion of Carbon Dioxide to Solid Carbon Products
Research may use any pathway that converts carbon dioxide to solid carbon products and should identify the solid-carbon product produced, the intended end-use application, and the proposed conversion process.

AOI-3. Point Source Carbon Capture Technology

AOI-3E. Carbon Capture Research and Development for Electric Generation and Industrial Point Sources: Development of Enabling Technologies
Lower-cost, highly efficient technologies for carbon capture from industrial facilities and power plants for secure geologic carbon storage or conversion into long-lasting products such as synthetic aggregates, building materials, and concrete.


DOE expects to make up to 12 awards between $1.5 million and $3 million each with a minimum of a 20% cost-sharing from the awardees.

FOA 2614 Funding Table - Round 5

Key Dates

FOA Issue Date (Round 5):02/29/2024
Submission Deadline for Full Applications (Round 5):04/29/2024 at 8:00 PM ET
Expected Date for Selection Notifications (Round 5):August 2024

Additional Information


Last Updated: February 29, 2024