Today, the U.S. Department of Energy (DOE) and NETL have announced the award of approximately $72 million in federal funding to support the development and advancement of carbon capture technologies under two funding opportunity announcements (FOAs). Under this cost-shared research and development (R&D), DOE is awarding $51 million to nine new projects for coal and natural gas power and industrial sources. DOE is awarding a total of $21 million to 18 projects for technologies that remove carbon dioxide (CO2) from the atmosphere, a process known as “direct air capture.”
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