Office: Carbon Management
FOA number: DE-FOA-0002711
Download the full FOA: FedConnect
FOA Amount: $2.25 billion

Background Information

On December 13, 2023, the U.S. Department of Energy (DOE) announced the third opening of a five-year $2.25 billion funding opportunity available through President Biden’s Investing in America agenda to support the transport and permanent storage of carbon dioxide captured from industrial and power generation facilities, as well as from legacy carbon dioxide emissions removed directly from the atmosphere. Large-scale deployment of carbon management technologies provides new economic opportunities to local communities across the country, and it is crucial to achieving the Administration’s ambitious climate goal of a net-zero emissions economy by 2050. 

Projects selected under the Bipartisan Infrastructure Law’s Storage Validation and Testing program will develop new and expanded carbon storage projects through FECM’s Carbon Storage Assurance Facility Enterprise (CarbonSAFE) Initiative, each with the capacity to store 50 or more million metric tons of CO2 over a 30-year period. Multiple openings of this funding opportunity allow for the continuous development of commercial-scale carbon storage infrastructure, with projects focusing on feasibility determination, detailed site characterization, planning, permitting, and construction stages of project development.

This funding is provided from the Bipartisan Infrastructure Law Section 40305. 

The deadline to submit applications for this funding opportunity has closed.

Eligibility

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 four areas of interest:

1. CarbonSAFE Phase III: Site Characterization and Permitting
   Conduct detailed site characterization and permitting for a commercial-scale secure geological carbon dioxide storage complex.
    
2. CarbonSAFE Phase III.5: NEPA, FEED Studies, and Storage Field Development Plan Only
   Provides an opportunity for projects that were not previously funded by the federal government through the CarbonSAFE Initiative but are mostly prepared to enter CarbonSAFE Initiative Phase IV. Proposed projects should have previously completed detailed site characterization, submitted their Class VI permit application (or equivalent), and had it determined to be “Administratively Complete” by the appropriate regulatory authority.
    
3. CarbonSAFE Phase IV: Construction
   Construct the commercial-scale secure geologic storage facility and prepare it for carbon dioxide injection
    
4. CarbonSAFE Phase II: Storage Complex Feasibility
   For the second stage of development of commercial-scale geological storage facilities for carbon dioxide

Funding

Key Dates

Past Awardees

A detailed list of round two selected projects from November 2023 can be found here.

A detailed list of the round one selected projects from May 2023 can be found here.

Additional Information

• Download the full funding opportunity on FedConnect.
• All applicants must register and apply on Grants.gov and submit questions through FedConnect.

Last Updated: March 21, 2024