The Four Regional Direct Air Capture Hubs is designed to establish a program under which the Secretary shall provide funding for eligible projects that contribute to the development of four regional direct air capture hubs.

Overview

Office:

Office of Clean Energy Demonstrations

New Program:

Yes

Funding amount:

$3,500,000,000

Funding Mechanism:

Grant, Cooperative Agreement, or Other

Recipients:

Technology Developers, Industry, Utilities, Universities, National Laboratories, Engineering and Construction firms, State and Local Governments, Tribal, Environmental Groups, and Community Based Organizations.

Period of Availability:

$700,000,000 annually for the period of fiscal years 2022 through 2026 (to remain available until expended)

More Information

Eligible Uses

A regional direct air capture hub that:

  • Facilitates the deployment of direct air capture projects;
  • Has the capacity to capture and sequester, utilize, or sequester and utilize at least 1,000,000 metric tons of carbon dioxide from the atmosphere annually from a single unit or multiple interconnected units;
  • Demonstrates the capture, processing, delivery, and sequestration or end-use of captured carbon; and
  • Could be developed into a regional or interregional carbon network to facilitate sequestration or carbon utilization.

Program Announcements

Next Milestone

  • Regional Direct Air Capture Hubs Funding Opportunity Announcement. Letters of Intent were due by February 17, 2023. Full applications were due on March 13, 2023.

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