DOE awards first three large-scale carbon sequestration projects.
WASHINGTON, DC - In a major step forward for demonstrating the promise of clean energy technology, U.S Deputy Secretary of Energy Clay Sell today announced that the Department of Energy (DOE) awarded the first three large-scale carbon sequestration projects in the United States and the largest single set in the world to date. The three projects - Plains Carbon Dioxide Reduction Partnership; Southeast Regional Carbon Sequestration Partnership; and Southwest Regional Partnership for Carbon Sequestration - will conduct large volume tests for the storage of one million or more tons of carbon dioxide (CO2) in deep saline reservoirs. DOE plans to invest $197 million over ten years, subject to annual appropriations from Congress, for the projects, whose estimated value including partnership cost share is $318 million.
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