The US Department of Energy (DOE) has issued a Funding Opportunity Announcement (FOA) to enhance the capability to simulate, track, and evaluate the potential risks of carbon dioxide (CO2) storage in geologic formations.
DOE anticipates making multiple project awards under this FOA and, depending on fiscal year 2009 appropriations, may be able to provide up to $24 million to be distributed among selected recipients.
The projects will be cost-shared, with the award recipient(s) providing at least 20% of the total funding required for each project. The solicitation contemplates cooperative agreements among the Government, academia, and industry to develop and successfully apply innovative, advanced technology and protocols to improve understanding of the factors affecting CO2 storage permanence and capacity in geologic formations.
The specific objectives of projects funded under this FOA include:
Developing tools and protocols for the monitoring, verification, and accounting of CO2 stored in geologic formations;
Improving simulation tools to predict the behavior of geologically stored CO2; and
Developing risk assessment models associated with geologic CO2 storage.
The selected projects will be managed by the Office of Fossil Energy’s National Energy Technology Laboratory. Projects selected under this FOA will become part of the research portfolio of the Office of Fossil Energy’s Carbon Sequestration Program. The program goal is to develop technologies to safely and permanently store CO2 and reduce greenhouse gas emissions without adversely affecting energy use or hindering economic growth. The program comprises four principal elements:
- Core research and development;
- Demonstration; and
- Global partnerships and collaborations.