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Open Grants Today8,055$74.6B
Opened This Week163$594.9M
Closing This Week97$4.5B
GrantExec

Opportunities for Additional Support for Commercial Direct Air Capture (DAC) Demonstration Facilities

This funding opportunity is designed to assist developers of direct air capture technologies in securing investment and operational support to scale up their projects and contribute to reducing carbon emissions.

Contact for amount
Closed
Nationwide
Grant Description

This Request for Information (RFI) is issued by the U.S. Department of Energyโ€™s Office of Clean Energy Demonstrations in collaboration with the Office of Fossil Energy and Carbon Management. The intent is to gather public input on approaches that can help direct air capture (DAC) developers in raising project investment capital and achieving sustained operations. The RFI seeks to understand how federal funding can complement existing financial assistance mechanisms and other government incentives to enable and accelerate the commercial scale-up of DAC technologies. The OCED was established to accelerate market adoption of clean energy technologies and fill a critical innovation gap towards achieving net zero emissions by 2050. The DAC Hubs program, which is part of OCED's portfolio, includes a $3.5 billion investment to develop four regional DAC hubs, each capable of capturing at least 1 million metric tons of CO2 annually.

Funding Details

Award Range

Not specified - Not specified

Total Program Funding

Not specified

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

Unrestricted
Nonprofits
State governments
Private institutions of higher education

Geographic Eligibility

All

Key Dates

Application Opens

October 29, 2024

Application Closes

December 17, 2024

Contact Information

Grantor

U.S. Department of Energy

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Categories
Energy
Environment
Science and Technology
Workforce Development

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