Federal grant · cooperative agreement (b)
Project Tundra Is an Initiative to Install Post-combustion Carbon Dioxide (CO2) Capture and Storage (CCS) at the Existing Milton R. Young Station (mrys), a Two-unit Lignite-based Coal Power Plant in Central North Dakota. the Captured CO2 Will Be Safely and Permanently Stored in Geologic Formations Directly Beneath the Power Plant and Adjacent Lignite Mine. This Project Is Intended to Support Further Carbon Capture Innovation Through the Demonstration of State-of-the-art CCS Technology, Including System Integration Techniques and Durable Commercial Structures. Project Tundra’s Community Benefits Plan Is Designed to Ensure the Responsible Deployment of CCS Technology That Will Include Meaningful Engagement With the Surrounding Community, the Creation of Quality Jobs, Improvements in Local Environmental Quality, and Support for the JUSTICE40 Initiative. While the Technologies Needed to Decarbonize Most of the U.s. Economy Exist, Further Innovation Will Create Transformational Pathways for Meeting These Decarbonization Goals. Demonstration Projects Will Support This Innovation. Supported CCS Demonstration Projects Will Benefit Entities Intending to Commercialize and Deploy Integrated CCS Projects. Incentives Are Already Driving CCS Investments. Experience Gained Through Successful Execution That Advance the State of This Program Can Help to Accelerate CCS Deployment to Achieve Our Climate Goals While Achieving Other Societal Objectives. CCS Demonstration Projects Must Be Integrated With Commercial Facility Operations and Must Be Conducted in the United States. Applicants Must Demonstrate Significant Improvements in the Efficiency, Effectiveness, Cost, Operational and Environmental Performance of Existing Carbon Capture Technologies. This Foa Seeks Applications for Transformational Domestic, Commercial-scale, Integrated CCS, Demonstration Projects Designed to Further Advance the Development, Deployment, and Commercialization of Technologies to Capture, Transport (if Required), and Store CO2 Emissions From: 1) Two Projects at New or Existing Coal Electric Generation Facilities Two Projects at New or Existing Natural Gas Electric Generation Facilities, and 2) Two Projects at New or Existing Industrial Facilities Not Purposed for Electric Generation. This Foa Makes Available Up to $1,700,000,000 for Approximately 6 Projects at Up to a 50% Federal Cost Share. Proposed Projects Must Demonstrate as Part of the Application and During the Award at Least 90% CO2 Capture Efficiency Over Baseline Emissions and a Path to Achieve Even Greater CO2 Capture Efficiencies for Power and Industrial Operations. Note That If the Carbon Capture Project Includes a New, On-site Auxiliary System to Generate Power or Steam for Its Operation, It May Need to Include CO2 Capture, Compression, and Storage From the Auxiliary System If Needed to Achieve the Minimum Unit-wide 90% CO2 Capture Inclusive of the Power Industrial Facility All New Systems or Processes Associated With the CCS Project. This Foa Focuses on Commercial Scale, Integrated Transformational Demonstration Projects Designed to Further the Development, Deployment, and Commercialization of Technologies to Capture, Transport, and Store Emissions. This Foa Seeks Applications for CCS Demonstration Projects With Existing Sufficient Technical Detail to Assess the Readiness Level of the Proposed Technologies and Integrated Systems to Proceed Into At-scale Demonstrations and Replication Leading to Commercialization. This Will Align to CCS Technologies That Have Been Validated to Be at a Minimum Technology Readiness Level (TRL) of 7, to Ensure That They Are Fully Ready for Demonstration. This Means That the Technologies Funded Can Be Readily Replicated and Deployed Into Commercial Practice. for Further Information, Please See the Full Funding Opportunity Announcement at Https://oced-exchange.energy.gov/default.aspx. All Application Materials Must Be Submitted Through the Oced Funding Opportunity Exchange.
Committed
$4.2 Million
Paid out
$2.9M
69%
Committed, not yet paid
$1.3M
31%
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