Office: Office of Clean Energy Demonstrations
FOA number: DE-FOA-0003474
Download the full notice of intent: OCED eXCHANGE
Funding Amount: $1,300,000,000
Background Information
On September 27, 2024, the U.S. Department of Energy (DOE) issued a Notice of Intent (NOI) to fund up to $1.3 billion to catalyze investments in transformative carbon capture, utilization, and storage (CCUS) technologies. This funding—made possible by President Biden’s Bipartisan Infrastructure Law under the Carbon Capture Demonstration Projects Program and the Carbon Capture Large-Scale Pilot Projects Program—will help create good-paying jobs, reduce pollution to deliver healthier communities, and ensure America’s global leadership in developing the cost-effective emissions reducing technologies needed to decarbonize the nation's electricity generation and hard-to-decarbonize industrial sectors.
The electricity generation and industrial sectors account for a large portion of U.S. carbon emissions. Successfully scaling carbon capture technologies—especially in hard to decarbonize sectors and heavy industries such as steel and cement production—is a key component of President Biden’s plan to combat the climate crisis and achieve a carbon-free economy by 2050. In addition to reducing harmful greenhouse gas emissions, these technologies will also help deliver clean air and other environmental benefits to communities across the country while revitalizing local economies.
DOE estimates that reaching our nation’s climate goals will require capturing and storing 400 million to 1.8 billion tons of carbon dioxide (CO2) annually by 2050. Commercial demonstration of advanced carbon capture technologies, integrated with reliable transportation and storage infrastructure, is necessary for the widespread deployment of these carbon capture technologies.
This funding is provided from the Bipartisan Infrastructure Law Section 41004.a.
Topic Areas
If released, OCED, in collaboration with the Office of Fossil Energy and Carbon Management, anticipates offering funding in the following three topic areas:
- Carbon Capture Demonstration Projects for commercial-scale carbon capture demonstration projects integrated with CO2 transportation and storage infrastructure at up to one coal-fired power plant and up to two industrial facilities that advance technical maturity, reduce uncertainty in cost and performance, and increase the potential for the technology to be replicated and deployed at additional facilities.
- Carbon Capture Large-Scale Pilot Projects for large-scale carbon capture pilot projects that demonstrate transformative technological advances in carbon capture, enabling increased capture efficiency, reduced cost, and improved environmental performance.
- Carbon Capture Demonstration Projects Program – Infrastructure Planning and Design for planning and design activities to support the development of networks that can share CO2 transport and storage infrastructure. This support aims to demonstrate how bringing different carbon capture projects together can reduce the cost for carbon capture and storage and enable more widespread adoption of carbon capture and storage by a broader range of emitters.
Expected Funding
If released, DOE expects to make up to 11 awards between $60 million and $400 million each with a minimum of 30% and 50% cost-sharing from the awardees.

Webinar
An informational webinar will be hosted on October 21, 2024 at 1:00pm ET to provide additional information about the three topic areas, next steps, and further engagement opportunities and resources.
Attending the informational webinar is not mandatory and will not positively or negatively impact the overall review of any applicant submissions.
Key Dates
NOI Issue Date: | 09/27/2024 |
Expected FOA Issue Date: | Q4 2024 |
Informational Webinar: | 10/21/2024 at 1:00 PM ET |
Additional Information
- There are several registration requirements that must be completed in order to submit an application, which can take a minimum of 44 days to complete. Failure to complete these requirements could interfere with an applicant's ability to apply. Download the full notice of intent on OCED eXHANGE for detailed submission and registration requirements.
Sign up to get notified of new FECM funding opportunities and to stay current with our latest news
Last Updated: September 27, 2024