DOE has published a notice of intent (NOI) outlining its intent to publish a series of Carbon Negative Shot (CNS)-aligned funding opportunities focused on supporting the advancement and maturation of a suite of carbon dioxide removal (CDR) technologies. This CNS NOI outlines multiple program interests that aim to support the development and commercialization of CDR technologies and collectively enable the Department’s CNS target of gigaton-scale deployment for less than $100 per net metric ton of CO2-equivalent within the decade. These anticipated funding opportunities may span several offices within the Department, including DOE FECM in conjunction with NETL, the Office of Clean Energy Demonstrations (OCED), and other offices within the Department.

DOE anticipates that the DAC Pilots and CDR Purchase Prize will include two tracks:

Track 1: DAC Pilots: Funding expectation up to $60M from BIL funds to support a prize for DAC pilots with capacity of approximately 1,000-5,000 metric tons of CO2 capture per year.

Track 2: CDR Purchases: Funding expectation up to $35M from BIL funds to support a prize for CDR purchasing contracts for a portfolio of CDR pathways consistent with the objectives of the Carbon Negative Shot.