Bipartisan infrastructure law (BIL) red rocks DAC hub: a geothermal energy-driven direct air capture and sequestrian hub in southwest utah the red rocks DAC hub is a geothermal energy-driven direct…
Ended Cooperative Agreement Awarded Last action
- Award ID
- DEFE0032384
- Recipient
-
Fervo Energy Company UEI NZA8TBGRC8W6
- Awarding agency
-
National Energy Technology Lab
Department of Energy
- Obligated
- $3,585,569
Award facts
- Assistance listing
- 81.086 Conservation Research and Development
- Completion date
- Funding
-
- $2,861,106.00 Federal
- $724,463.00 Non-federal
- Funding agency
- Office of Fossil Energy Department of Energy
- Place of performance
- Houston, TX 77002, USA
Award details come from USAspending.gov.
About this award
The U.S. Department of Energy's (DOE) Office of Fossil Energy awarded a $3,585,569 Cooperative Agreement to Fervo Energy Company to establish a geothermal energy-driven direct air carbon capture and sequestration hub in southwest Utah. The project, funded under the DOE's Conservation Research and Development program (CFDA 81.086), aims to identify sites where there is a strong overlap between geothermal resource potential and geologic conditions suitable for large-scale carbon storage. The primary objective is to develop a reliable, non-variable, carbon-free heat and power source to support direct air carbon capture and sequestration facilities. The award was granted on May 1, 2024, with a completion date of January 31, 2025.
Description
Bipartisan infrastructure law (BIL) red rocks DAC hub: a geothermal energy-driven direct air capture and sequestrian hub in southwest utah the red rocks DAC hub is a geothermal energy-driven direct air carbon capture and sequestration hub proposed in southwest utah. Access to reliable, non-variable, carbon-free heat and power, and the presence of geologic conditions suitable for permanent carbon storage are primary economic drivers for facilities. The primary objective of the work is to identify sites where there is a strong overlap between geothermal resource potential and the geologic conditions that are suitable for large-scale solubility trapping or more conventional stratigraphic, structural, and mineral trapping.
Quick answers
Who received award DEFE0032384?
DEFE0032384 was awarded to Fervo Energy Company by National Energy Technology Lab (Department of Energy) on May 1, 2024.
How much is award DEFE0032384 worth?
$3,585,569 has been obligated on DEFE0032384: $2,861,106 in federal funding and $724,463 in non-federal funding.
Which agency awarded DEFE0032384?
National Energy Technology Lab (Department of Energy) awarded DEFE0032384, with funding from Office of Fossil Energy (Department of Energy).
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