DEFE0032443
Cooperative Agreement
Overview
Grant Description
Bipartisan Infrastructure Law (BIL): River Parish sequestration - A critical carbon storage hub for the Louisiana chemical corridor
The purpose of this project is to develop a carbon dioxide (CO2) transportation and storage solution located in the Louisiana chemical corridor between Baton Rouge and New Orleans.
The project will complete the site characterization and permitting work necessary to achieve large-scale commercialization for CO2 transportation and storage service for the Louisiana chemical corridor in 2027.
The purpose of this project is to develop a carbon dioxide (CO2) transportation and storage solution located in the Louisiana chemical corridor between Baton Rouge and New Orleans.
The project will complete the site characterization and permitting work necessary to achieve large-scale commercialization for CO2 transportation and storage service for the Louisiana chemical corridor in 2027.
Awardee
Funding Goals
THIS FUNDING OPPORTUNITY ANNOUNCEMENT 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.
Grant Program (CFDA)
Awarding Agency
Funding Agency
Place of Performance
Houston,
Texas
77027-9128
United States
Geographic Scope
Single Zip Code
River Parish Sequestration was awarded
Louisiana Carbon Storage Hub: BIL River Parish Sequestration Project
Cooperative Agreement DEFE0032443
worth $32,247,740
from the Office of Fossil Energy and Carbon Management in September 2024 with work to be completed primarily in Houston Texas United States.
The grant
has a duration of 1 year and
was awarded through assistance program 81.089 Fossil Energy Research and Development.
$8,061,936 (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
(Ongoing)
Last Modified 9/16/24
Period of Performance
9/15/24
Start Date
9/14/25
End Date
Funding Split
$32.2M
Federal Obligation
$8.1M
Non-Federal Obligation
$40.3M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
DEFE0032443
SAI Number
None
Award ID URI
SAI EXEMPT
Awardee Classifications
Small Business
Awarding Office
892433 NATIONAL ENERGY TECHNOLOGY LABORATORY
Funding Office
892404 FOSSIL ENERGY AND CARBON MANAGEMENT
Awardee UEI
K1L5M3Z45LA9
Awardee CAGE
None
Performance District
TX-38
Senators
John Cornyn
Ted Cruz
Ted Cruz
Modified: 9/16/24