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DEFE0032442

Cooperative Agreement

Overview

Grant Description
Bipartisan Infrastructure Law (BIL): Four Corners Carbon Storage Hub: CARBONSAFE Phase III Project

This project seeks to develop a storage hub within the Four Corners region and perform comprehensive commercial-scale characterization of three storage facilities within San Juan Basin to verify these sites can securely store a minimum of 50 million metric tons of anthropogenic carbon dioxide (CO2) captured from at least three industrial sources in a 30-year period.
Funding Goals
THIS FUNDING OPPORTUNITY ANNOUNCEMENT (DE-FOA-0002711) SOLICITS PROJECTS TO SUPPORT THE DEVELOPMENT OF NEW AND EXPANDED LARGE-SCALE, COMMERCIAL CARBON STORAGE PROJECTS WITH CAPACITIES TO STORE 50 OR MORE MILLION METRIC TONS (MT) OF CARBON DIOXIDE (CO2). THESE PROJECTS WILL SUPPORT THE CARBON STORAGE ASSURANCE FACILITY ENTERPRISE (CARBONSAFE) INITIATIVE AND FOCUS ON EFFORTS RANGING FROM DETERMINING STORAGE COMPLEX FEASIBILITY TO THE DETAILED SITE CHARACTERIZATION, PLANNING, AND PERMITTING STAGES OF PROJECT DEVELOPMENT UNDER CARBONSAFE.
Place of Performance
Socorro, New Mexico 87801-4681 United States
Geographic Scope
Single Zip Code
New Mexico Institute Of Mining And Technology was awarded BIL CarbonSafe Phase III: Four Corners Carbon Storage Hub Cooperative Agreement DEFE0032442 worth $42,723,446 from the Office of Fossil Energy and Carbon Management in October 2024 with work to be completed primarily in Socorro New Mexico United States. The grant has a duration of 1 year and was awarded through assistance program 81.089 Fossil Energy Research and Development. $10,812,668 (20.0%) of this Cooperative Agreement was funded by non-federal sources. The Cooperative Agreement was awarded through grant opportunity Bipartisan Infrastructure Law (BIL): Storage, Validation and Testing (Section 40305): Carbon Storage Assurance Facility Enterprise (CarbonSAFE): Phases III, III.5, and IV.

Status
(Complete)

Last Modified 10/29/25

Period of Performance
10/1/24
Start Date
9/30/25
End Date
100% Complete

Funding Split
$42.7M
Federal Obligation
$10.8M
Non-Federal Obligation
$53.5M
Total Obligated
80.0% Federal Funding
20.0% Non-Federal Funding

Activity Timeline

Interactive chart of timeline of amendments to DEFE0032442

Transaction History

Modifications to DEFE0032442

Additional Detail

Award ID FAIN
DEFE0032442
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
Public/State Controlled Institution Of Higher Education
Awarding Office
892433 NATIONAL ENERGY TECHNOLOGY LABORATORY
Funding Office
892404 FOSSIL ENERGY AND CARBON MANAGEMENT
Awardee UEI
HZJ2JZUALWN4
Awardee CAGE
4B850
Performance District
NM-02
Senators
Martin Heinrich
Ben Luján
Modified: 10/29/25