The DOE said these projects would help to enable commercial deployment to ensure the United States has clean, reliable and affordable electricity.
An investment of up to $979 million, including funds from the American Recovery and Reinvestment Act, will be leveraged by more than $2.2 billion in private capital cost share as part of the third round of the DOE's Clean Coal Power Initiative.
"By harnessing the power of science and technology, we can reduce carbon emissions and create new clean energy jobs. This investment is part of our commitment to advancing carbon capture and storage technologies to the point that widespread, affordable deployment can begin in 8 to 10 years," Chu said.
Projects will demonstrate advanced coal-fired technologies that will capture and sequester or put to beneficial use carbon emissions. The selections demonstrate technologies that:
- Make progress toward a target carbon dioxide capture efficiency of 90%
- Make progress toward a capture and sequestration goal of less than 10 percent increase in the cost of electricity for gasification systems and less than 35 percent for combustion and oxycombustion systems
- Capture and sequester or put to beneficial use an amount of carbon emissions in excess of the minimum of 300,000 tons per year required by CCPI.