Notice of Availability of a Financial Assistance Solicitation
Energy Department, Energy Department
Key Details
- Posted Date
- Source
- Federal Register
- Contract Type
- regulation
Description
Notice is hereby given of the intent to issue Financial Assistance Solicitation No. DE-PS26-03NT41713 entitled "Regional Carbon Sequestration Partnerships". This solicitation will support the Department of Energy's Carbon Sequestration Program by promoting the development of a framework and infrastructure necessary for the validation, demonstration and wide-scale deployment of carbon sequestration technologies. This initiative directly supports the President's Global Climate Change Initiative (GCCI) goal of reducing greenhouse gas intensity by 18% by 2012 and to ensure that a suite of commercially-ready sequestration technologies are available for the 2012 technology assessment mandated by the GCCI. The DOE will call for applications and select multiple Regional Partnerships to receive financial assistance awards that would be chartered to evaluate options and potential opportunities for regional CO<INF>2</INF> storage and capture, CO<INF>2</INF> transport, regulatory permitting, communication and outreach, public acceptance, monitoring and verification requirements, and environmental efficacy of sequestration in their multi-state region(s). The DOE plans to fund 4-10 partnerships for a period of up to 24 months. Total Federal funding for this initiative will be $8-$10 million dollars with a non-Federal cost share of at least 20%.
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Data sourced from Federal Register