U.S. Department of Energy: Recent Funding Announcements

Advanced Nuclear Technology: DOE announced $15.2 million in funding for advanced nuclear technology projects. The projects are cost-shared and will allow industry-led teams, including participants from federal agencies, public and private laboratories, institutions of higher education, and other domestic entities, to advance the state of U.S. commercial nuclear capability.

Carbon, Capture, Utilization, and Storage: DOE announced approximately $110 million in federal funding for cost-shared research and development (R&D) projects under three funding opportunity announcements (FOAs).  Approximately $75 million is for awards under the two FOAs announced earlier this fiscal year; $35 million is for a new FOA.  These FOAs further the Administration’s commitment to strengthening coal while protecting the environment. Carbon capture, utilization, and storage (CCUS) is increasingly becoming widely accepted as a viable option for fossil-based energy sources—such as coal- or gas-fired power plants and other industrial sources—to lower their carbon dioxide (CO2) emissions.

Ocean Observing Platforms with Marine Renewable Energy: DOE, along with NOAA, announced a $3 million prize competition to generate innovation in marine energy-powered ocean observing platforms.  The Powering the Blue Economy™ Ocean Observing Prize will draw upon American innovators to accelerate technology development through a series of contests to demonstrate marine renewable energy-powered ocean observing platforms.

Coal Technology Projects: DOE announced 32 winners for $56.5 million in federal funding for cost-shared research and development (R&D) projects for advanced coal technologies and research under six separate funding opportunity announcements (FOAs).  The projects further this Administration’s commitment to strengthening clean coal technologies and cover a range of topics, including carbon capture, utilization, and storage; rare earth element recovery; coal to products; crosscutting coal R&D; steam turbine efficiency; and advanced materials.

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