DOE Invests $6 Million to Design an Onshore/Offshore Carbon Dioxide Transport System
The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced $6 million for one selected project to explore the transport of carbon dioxide (CO2) from onshore industrial and power generation facilities to offshore secure geologic storage in Texas state waters.
In addition, DOE announced it will make up to $48M available under the fourth opening of the Bipartisan Infrastructure Law funding opportunity to support regional CO2 transport networks that connect sources of CO2 to locations for geologic storage or conversion to value-added products. Expanding commercial CO2 transport and storage supports the development of a large-scale carbon management industry to reduce emissions, provide new job opportunities, and enhance our energy security.
