The U.S. Department of Energy on May 28 awarded funding to seven biomass with carbon removal and storage projects that will use plants and algae to remove carbon dioxide from the atmosphere for permanent storage underground or in long-lived products.&nbsp;The seven biomass awards are among 24 semifinalist projects selected by the DOE to share in $1.2 million that will support the scale-up of various carbon dioxide removal technologies. The awards were made under the Bipartisan Infrastructure Law’s Carbon Dioxide Removal Purchase Pilot Prize, which allows companies to complete for the opportunity to deliver carbon dioxide removal credits directly to DOE.&nbsp;According to the DOE, carbon removal credits can be purchased by any individual or entity that is interested in responsibly managing their past and/or future carbon dioxide emissions. The program will help catalyze the development of carbon dioxide removal markets, demonstrates rigorous monitoring, measurement, reporting, and verification practices through third-party scientific validation, and it provides a model for workforce and community benefits for high-quality credits.&nbsp;&nbsp;&nbsp;“The Carbon Dioxide Removal Purchase Prize is a first-of-a-kind initiative to catalyze the market for high-quality CO2 removal credits, helping jumpstart a critical decarbonization tool,” said U.S. Secretary of Energy Jennifer M. Granholm. “Through this prize and the Administration’s new Policy Statement and Principles on Voluntary Carbon Markets, we are giving the private sector the tools they need to make real contributions to our fight against the climate crisis and deliver real benefits to communities across the nation.”&nbsp;Each of the 24 semifinalists will receive $50,000 to help scale their technologies. Biomass projects selected to receive funding include:<ul><li>Arbor Energy (El Segundo, California): Developing a next-generation&nbsp;biomass with carbon removal and storage system that uses forestry waste to produce renewable electricity and carbon dioxide for permanent removal. Delivery proposal: 8,000 Carbon Dioxide Removal Credits to DOE over the prize period.&nbsp;</li><li>Carbon Lockdown (Silver Spring, Maryland):&nbsp;Employs wood harvesting and storage as a method of long-duration carbon dioxide removal to securely store charred woody biomass. Delivery proposal: 17,143 Carbon Dioxide Removal Credits to DOE over the prize period.</li><li>Charm Industrial (San Francisco, California): Removes carbon by using pyrolysis to turn agricultural and forestry residues into a carbon-rich bio-oil and stores it underground. Delivery proposal: 5,000 Carbon Dioxide Removal Credits to DOE over the prize period.</li><li>Clean Energy Systems (Rancho Cordova, California): Negative emissions power&nbsp;generation project utilizes agricultural wood waste as feedstock&nbsp;and proprietary oxy-combustion&nbsp;technology.​ Delivery proposal: 11,320 Carbon Dioxide Removal Credits to DOE over the prize period.&nbsp;</li><li>Climate Robotics (Houston, Texas): Mobile platform produces and applies biochar in the field to store CO2. Delivery proposal: 30,252 Carbon Dioxide Removal Credits to DOE over the prize period.</li><li>Graphyte (Pine Bluff, Arizona): Carbon casting technology leverages readily available biomass residues to remove CO2. Delivery proposal: 30,000 Carbon Dioxide Removal Credits to DOE over the prize period.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</li><li>Vaulted Deep (Houston, Texas):&nbsp;Performs geologic storage of slurried organic waste for permanent carbon removal. Delivery proposal: 10,320 Carbon Dioxide Removal Credits to DOE over the prize period.</li></ul>A full list of the 24 selected projects is available on the DOE <a href="https://www.energy.gov/fecm/carbon-dioxide-removal-purchase-pilot-prize-phase-1-semifinalists">website</a>.

2024-05-28 - DOE funds 7 carbon removal and storage projects focused on biomass  (Biomass Magazine)

thumbnail_DOELogoBigger_16897246046102-300x300-noup.jpg

DOELogoBigger_16897246046102-300x300-noup.jpg

The U.S. Department of Energy on May 28 awarded funding to seven biomass with carbon removal and storage projects that will use plants and algae to remove carbon dioxide from the atmosphere for permanent storage underground or in long-lived products. 

DOE funds 7 carbon removal and storage projects focused on biomass

Related Stories

DHL Express partners with Malaysia Aviation Group to reduce GHG emissions using SAF

Gevo generates approximately $5 million in revenue from opportunity in high-performance sustainable racing fuels

EPA: 1.65 billion RINs generated in February

EPA: 6 new SRE petitions filed, 37 SRE petitions currently pending

Direct Storage of Biomass Coalition launches to advance carbon removal pathway

Upcoming Events

2026 International Biomass Conference & Expo

DOE funds 7 carbon removal and storage projects focused on biomass .css-7jxktu{position:absolute;bottom:0px;left:0px;right:0px;height:3px;border-radius:3px;background-color:var(--chakra-colors-brandBlack);}