Trump Pumps $50 Million Into Coal Plant Projects
WASHINGTON, D.C. – The U.S. Department of Energy (DOE) today announced the availability of a $50 million funding opportunity through the Office of Fossil Energy to design, construct, and operate two large-scale pilots for transformational coal technologies that improve coal-powered systems’ performance, efficiency, emission reduction, and cost of electricity.
DOE has supported a range of potentially transformational coal technologies aimed at enabling step-change improvements in coal-powered systems. Some of these technologies are now ready to proceed to the large-scale pilot stage of development. Applicants to this new FOA should have already demonstrated technical success at a small-scale pilot stage, and a 20 percent minimum cost share on total award values is required.
The FOA will involve three phases, with down-selections made between phases:
- Phase I(Feasibility) will support efforts to secure team commitments; update the preliminary cost estimate and schedule for design, construction, and operation; secure construction/operation cost-share funding; and complete an environmental information volume.
- Phase II(Design) selected projects will complete a front-end engineering design study, and complete the National Environmental Policy Act process.
- Phase III (Construction/Operation)will ultimately be the two, final projects selected to support construction and operation of the large-scale pilot facilities.
More details and information about this funding opportunity can be found HERE.
To learn more about the programs within DOE’s Office of Fossil Energy, visit their website HERE. For more information about the National Energy Technology Laboratory visit their website HERE