North America’s carbon capture, utilisation and storage (CCUS) industry has yet again received another financial boost from the US Department of Energy (US DOE) as it looks to contribute to the Biden-Harris Administration’s goal of net zero emissions by 2050.
The Department on Friday (15th Oct) announced $20m in funding for four projects working to accelerate CCUS across all four corners of the country. Capital awarded as part of the effort will be distributed evenly, with each effort receiving $500,000.
Selected projects are university-led partnerships with academia, non-governmental organisations, industry leaders and local and state governments. The selective initiatives are as follows:
Battelle Memorial Institute: Located in Columbus, Ohio, the project aims to accelerate CCUS deployment in the Midwestern and North-eastern US project in the 20 midwestern and north-western states.
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