DEFE0032450
Cooperative Agreement
Overview
Grant Description
Bipartisan Infrastructure Law (BIL) - CTV III CO2 Storage Project (CTV III) in Sacramento Basin, California
The primary objective of the Commercial Carbon Terravault III (CTV III) storage project is to provide a safe, effective, and commercial-scale carbon dioxide (CO2) storage solution in the greater San Francisco and Sacramento area.
The primary objective of the Commercial Carbon Terravault III (CTV III) storage project is to provide a safe, effective, and commercial-scale carbon dioxide (CO2) storage solution in the greater San Francisco and Sacramento area.
Funding Goals
INFRASTRUCTURE INVESTMENT AND JOBS ACT (IIJA). THIS FOA 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
Golden,
Colorado
80401-1887
United States
Geographic Scope
Single Zip Code
Analysis Notes
Amendment Since initial award the End Date has been shortened from 08/26/26 to 10/10/25.
Trustees Of The Colorado School Of Mines was awarded
Commercial Carbon Storage Solution in Sacramento Basin, California
Cooperative Agreement DEFE0032450
worth $8,926,618
from the Office of Fossil Energy and Carbon Management in August 2024 with work to be completed primarily in Golden Colorado United States.
The grant
has a duration of 1 year 2 months and
was awarded through assistance program 81.089 Fossil Energy Research and Development.
$2,231,655 (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 11/3/25
Period of Performance
8/27/24
Start Date
10/10/25
End Date
Funding Split
$8.9M
Federal Obligation
$2.2M
Non-Federal Obligation
$11.2M
Total Obligated
Activity Timeline
Subgrant Awards
Disclosed subgrants for DEFE0032450
Transaction History
Modifications to DEFE0032450
Additional Detail
Award ID FAIN
DEFE0032450
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
JW2NGMP4NMA3
Awardee CAGE
4B476
Performance District
CO-07
Senators
Michael Bennet
John Hickenlooper
John Hickenlooper
Modified: 11/3/25