|
Signature Sponsor
October 29, 2024 - As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy's (DOE) Office of Clean Energy Demonstrations today issued a Request for Information (RFI) to obtain public input regarding additional approaches that current and future DOE programs could implement to help direct air capture technology developers address challenges in raising project investment capital and achieving sustained facility operations. This RFI will help inform the Regional Direct Air Capture Hubs program, which supports an ecosystem of projects that aim to remove harmful legacy carbon dioxide from the atmosphere and accelerate efforts to meet the Biden-Harris administration's ambitious clean energy and climate goals. The goal of this RFI is to understand how federal funding may complement existing DOE funding mechanisms supporting development, construction, and partial operations funding for first-of-a-kind commercial demonstrations, and supplement other government incentives (e.g., 45Q tax credit) in support of direct air capture technology commercialization and spurring the development of the Regional Direct Air Capture Hubs.
|
|