As part of President Biden’s Investing in America agenda, the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced up to $500 million available for projects that will help expand carbon dioxide (CO2) transportation infrastructure to help reduce CO2 emissions across the United States. Meeting the Biden-Harris Administration’s goal of a net-zero emissions economy by mid-century will require accelerating the responsible development and deployment of technology to capture CO2 emissions from industrial operations and power generation and to remove CO2 directly from the atmosphere. These efforts must be supported by a safe and reliable system that can transport the captured CO2, either for permanent geologic storage or for conversion to useful, durable products.

The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced two projects selected to receive a total of $23.2 million to evaluate the potential of oil and gas production and geologic storage of carbon dioxide (CO2) from unconventional reservoirs through a combined process that uses captured CO2 emissions to recover residual oil—called CO2 enhanced oil recovery (CO2-EOR). The projects will help evaluate the feasibility for permanent storage of CO2 in depleted unconventional shale oil and gas reservoirs, repurposing existing infrastructure in support of the Biden-Harris Administration’s historic decarbonization goals.