The U.S. Department of Energy's (DOE) Office of Clean Energy Demonstrations (OCED) today released a Notice of Intent to provide up to $6.3 billion to support the advancement of transformational technologies necessary to decarbonize the industrial sector and provide the U.S. with a competitive edge in the race to lead the world in low- and net-zero carbon manufacturing. Funded by President Biden's Bipartisan Infrastructure Law and Inflation Reduction Act, the Industrial Demonstrations Program will fund projects that focus on the highest emitting industries where decarbonization technologies can have the greatest impact: iron and steel, cement and concrete, chemicals and refining, food and beverage, paper and forest products, aluminum, other energy-intensive manufacturing industries and cross-cutting technologies. Widespread demonstration and deployment of projects within these industries will support President Biden's initiative to rebuild U.S. leadership in manufacturing as countries, companies, and consumers around the world shift to low- to no-carbon commodities to meet their own decarbonization goals.
To ensure these projects provide benefits to their host communities and neighbors, the funding announcement will require a community benefits plan from each applicant related to engaging communities and labor; investing in America's workforce; advancing diversity, equity, inclusion, and accessibility; and implementing the Justice40 Initiative.
The anticipated funding announcement will include up to $5.8 billion from the Inflation Reduction Act and $500 million from the Bipartisan Infrastructure Law. DOE plans to release the funding opportunity announcement in March 2023.
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