To support the availability of CCS and CDR to reach climate goals, it is now imperative that the nation build upon existing research to test, mature, and validate CCS technologies at commercial scale. Doing so will require additional CO2 transport infrastructure. In accordance with the language in BIL section 40304 (42 U.S.C. § 16374), the objective of the CIFIA program is to fund the design, development, construction, and installation of infrastructure for large-volume CO2 transport by a variety of modes, such as through pipelines, rail, trucks, and ships and barges.
As part of the CIFIA program, this FGG FOA is intended to provide financial assistance for developing and building CO2 transport capacity that may not be contracted and utilized in the initial years of operation of the CO2 transport system but is reasonably likely to become available when CO2 suppliers such as carbon capture and DAC facilities are developed and come online and/or when CO2 conversion sites or geologic storage facilities come online. Significant economies of scale can be achieved if additional up-front investments are made to “oversize” CO2 transport infrastructure capacity to accommodate potential CO2 supplies that are not yet under contract. However, private financing for uncontracted infrastructure investments is often difficult or impossible to obtain. Investments in additional capacity provided by FGG could also help avoid future construction of additional transport infrastructure (e.g., separate redundant transport networks) and associated environmental impacts.
Estimated Total Program Funding: $500,000,000
Expected Number of Awards: 5
Award Ceiling: $500,000,000
Award Floor: $1
Application Deadline: October 30, 2024