top of page
Search
  • shivakhened

DOE BIL - Carbon Dioxide Transportation Infrastructure Finance & Innovation (CIFIA): Future Growth Grants - Due 07/30/24

Opportunity Title:

Bipartisan Infrastructure Law - Carbon Dioxide Transportation Infrastructure Finance and Innovation (CIFIA) Program: Future Growth Grants (Section 40304)

 

Funder/Agency:

Department of Energy (DOE), National Energy Technology Laboratory (NETL)

 

Opportunity Number:

DE-FOA-0002966

 

Description:

The carbon dioxide transportation infrastructure finance and innovation (CIFIA) program was appropriated $2.1 billion to provide federal government financing to large-scale common-carrier carbon dioxide (“CO2”) transportation infrastructure projects.


Requirements for Future Growth Grants (this FOA) are established in 42 U.S.C.A. § 16374 (a), which authorizes the secretary to provide grants to pay a portion of the cost differential, with respect to any projected future increase in demand for carbon dioxide transportation by an infrastructure project between-

  • The cost of constructing the infrastructure asset with the capacity to transport an increased flow rate of carbon dioxide, as made practicable under the project; and

  • The cost of constructing the infrastructure asset with the capacity to transport carbon dioxide at the flow rate initially required, based on commitments for the use of the asset.

 

Eligibility:

  • Foreign entities

  • Domestic entities - For-profit entities; and state and local governmental entities and Indian Tribes.

Award Details:

Total Amount Available:

$500,000,000

 

Maximum Award:

$125,000,000

 

Minimum Award:

$31,250,000

 

Deadline:

Applications Due July 30, 2024

 

 

Grant Management Associates has years of experience with opportunities like this one. Contact us today for a consultation.

27 views0 comments

Recent Posts

See All

Kommentare


bottom of page