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Carbon Capture and Storage Projects Awarded USD 1 Billion

Jun 20th, 2010 | By
Carbon Capture and Storage Projects Awarded USD 1 Billion

The U.S. Department of Energy announced June 10th that it had awarded grants to demonstrate large-scale carbon capture and storage (CCS) from three industrial sources. The projects seek to test large-scale industrial carbon capture and storage, an important step in moving CCS technology toward eventual commercial deployment. The selected projects include large-scale applications that capture carbon dioxide (CO2) emissions from industrial sources and either store it in a deep saline formation or use it for enhanced oil recovery.