Trends in Carbon Storage and Management: Insights from Recent Grant Initiatives

Carbon management is an important tool in helping reduce the buildup of CO2 in the Earth’s atmosphere, helping limit global warming and climate change.?Carbon management can include capture of CO2 from power plants before it enters the atmosphere, compressing the gas, and storing it underground.?Natural carbon storage, in plants, wetlands, oceans, and soils, sequester carbon long term.?

Several opportunities in the carbon management field are currently active or on the horizon:

The CarbonSTORE Program

The CarbonSTORE (Carbon Storage Technology Operations & Research) program is an initiative aimed at advancing the development and deployment of carbon capture, utilization, and storage (CCUS) technologies. While the specific details can vary by funding opportunity or government announcement, here are some key elements typically associated with CarbonSTORE:

• Seeks innovative approaches to capture and store carbon dioxide from industrial sources, power plants, and other emission heavy activities
• Funds new technologies and methods for carbon capture and storage
• Encourages partnerships between public and private sectors
• Tends to fund pilot programs to aid in scale-up

The DOE anticipates that the CarbonSTORE program will be accepting proposals in the first half of 2025.

The CarbonSAFE Program

The CarbonSAFE (Carbon Storage Assurance Facility Enterprise) program from the DOE focuses on ensuring that large-scale geological storage of CO2 is safe, reliable, and economically viable.

• Emphasizes the evaluation of suitable geological sites for carbon dioxide storage
• Supports pilot projects that test and demonstrate the feasibility of CO2 storage
• Encourages collaborations with federal and state agencies, industry, academia, and research organizations to share knowledge and capabilities

The CarbonSAFE Program is currently accepting responses to A Mid-Course Evaluation RFI. Responses are due December 20.

DOE Grant Programs

The DOE has published NOFOs and FOAs for many funding opportunities that aim to support innovative research and development projects that enhance carbon management technologies, focusing on carbon conversion products, utilization, recycling, and long-term storage.?

Looking to apply?? Grant Management Associates has years of experience in the application process.? Contact [email protected] for a consultation today!

This article was created with the help of AI and revised and reviewed before posting.