Overview of United States
CCUS R&D Funding
September 5, 2023
JCOAL Clean Coal Day International Symposium
Jason Begger, Wyoming Integrated Test CenterState of Wyoming

Wyoming Energy Production• Largest Producer of Coal
• Largest Producer of Uranium• 8th Largest Oil Production• 9th Natural Gas Production• Proven rare earth element reserves• Excellent geology for CO2 storage• Large Enhanced Oil Recovery (EOR) potential

President Joe Biden• Started 4-year term on January 20, 2021.
• Eligible to run for second 4-year term in 2024,
which would run through January 2029.
• Has set a U.S. goal of achieving a carbon free
power sector by 2035 and a net-zero emissions
economy by 2050.
• Pursuing multiple approaches to achieve goals:- Most significant to the ITC are significant
R&D funding administered by theDepartment of Energy (DOE)Research and Development
Three major sources of funding for clean energy and low carbon technologies
1. Infrastructure Investment and Jobs Act- Signed into law November 15, 2021
- One time funding
2. Inflation Reduction Act- Signed into law August 16, 2022- One time funding
3. Annual Federal Department of Energy funding- Annual amounts vary for each fiscal year: October 1 – September 30

Infrastructure Investment and Jobs Act$21.1 billion USD of CCUS funding directed to the Department of Energy
Major authorizations:• $2.5 billion for Commercial Carbon Capture Demonstration Projects- Dry Fork Station is a potential site

• $937 million for Large-Scale Carbon Capture Large Scale Pilots- ITC is well positioned to host these types of projects• Carbon Storage Validation and Testing - $2.5 billion•••••- Wyoming CarbonSAFE near Dry Fork Station and the ITC

CO2 Transport FEED studies - $100 million
CIFIA (loans and expansion grants) – $2.2 billion
Direct Air Capture Hubs - $3.5 billion
Hydrogen Hubs - $8 billion (at least one fossil energy blue hydrogen hub)Direct Air Capture incentive prizes

R&D Timeline

Scale of Projects

Inflation Reduction Act$500 billion USD of funding and tax incentives• $394 billion for private investment incentives, including tax credits• 45Q Tax Credit enhancements•

45Q refers to the specific section of the United States’ tax code•

CO2 captured and sequestered permanently, such as geologic sequestration or conversion into products- $85/ton for CO2 from industrial sources- $180/ton for DAC•

CO2 captured and utilized in enhanced oil recovery applications- $60/ton for CO2 from industrial sources- $130/ton for DAC•

Projects must begin construction by 2033

•Minimum project sizes:- 1,000 tons per year for DAC- 18,750 tons per year for electrical generation facilities- 12,500 tons per year for any other facility

DOE Program Funding• Energy Storage: $450 million• Critical Minerals: $248.5 million• Industrial Decarbonization: $685 million• CO2 Removal: $140 million• Office of Fossil Energy and Carbon
Management: $890 million• Carbon Management Technologies:$460 million
Drilling the University of Wyoming’s test CO2 sequestration well under DOE’sCarbonSAFE program in 2022.

Summary• Biden administration has prioritized carbon reductions and isutilizing many different agencies and approaches to reachgoals.
• Over the past two years, the US Government has provided
unprecedented amounts of funding for low-carbon energy.
• Significant resources are available to directly fund R&D• Many different tax incentives to promote private investment ofcommercial projects.
• Many of these benefits could be available to Japanesecompanies if they have an American partner.
• Wyoming would like to help and conduct joint projects withJapan.
KHI’s solid sorbent test facility under construction in August 2023
at the Wyoming ITC

Stay in Touch!
Jason Begger Wyoming
Integrated Test Center
Jason@armatureadvocacy.com