FOA 2711

Office: Carbon Management
FOA number: DE-FOA-0002711
Download the full FOA: FedConnect

FOA Amount: $2.25 billion

Background Information

On September 23, the U.S. Department of Energy (DOE) announced up to $2.25 billion in funding toward the development of new and expanded large-scale, commercial carbon storage projects with capacities to store 50 or more million metric tons of CO2, along with associated CO2 transport infrastructure. Projects will focus on detailed site characterization, permitting, and construction stages of project development under CarbonSAFE.

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-profit and non-profit organizations, state and local governments, and Tribal Nations.

Download the full funding opportunity for more information on eligibility.

Areas of Interest

This funding opportunity announcement has three areas of interest:

  1. CarbonSAFE Phase III: Site Characterization and Permitting
    The overall purpose of area of interest 1 is to conduct detailed site characterization and permitting for a commercial-scale secure geological CO2 storage complex.

  2. CarbonSAFE Phase III.5: NEPA, FEED Studies, and Storage Field Development Plan Only
    The overall purpose of area of interest 2 is to provide 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.

  3. CarbonSAFE Phase IV: Construction
    The overall purpose of area of interest 3 is to construct the commercial-scale secure geologic storage facility and prepare it for CO2 injection.

Funding

DOE expects to make 20-70 awards with a minimum of a 20-50% cost-sharing from the awardees.

FOA 2711 Funding Table

Key Dates

FOA Issue Date: 9/21/2022
Submission Deadline for Full Applications: 11/28/2022 at 5:00 PM ET
Expected Date for DOE Selection Notifications: March 2023
Expected Timeframe for Award Negotiations: July 2023

Additional Information