Clean Energy and Power

Pre-Commercial Direct Air Capture Prize Competitions

Agency NameDepartment of Energy
Funding Amount$15,000,000.00
Bureau Name Fossil Energy and Carbon Management
Funding Mechanism Prize
New? Yes
Funding Mechanism Prize

Funding Amount Notes

Period of Availability Available until expended
Recipients Industry Partner
Program Description Reauthorization of program to advance research, development, demonstration, and commercial application of carbon capture technologies.
Eligible Uses Projects that advance the technical and commercial viability of technologies that result in net removal of CO2 from the atmosphere. link
Statutory Location 41005
Federal Cost Share Requirement TBD