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The U.S. Department of Energy (DOE) has announced two critical funding awards to support the advancement of Project Tundra, which aims to capture and securely store 4 million tons of carbon emissions annually from the Milton R. Young Station.
In September, Project Tundra also received an initial $4.2 million installment from a broader $350 million DOE award made available through the Office of Clean Energy Demonstrations and allocated in late 2023. This installment launches Phase 1 activities, including essential project development and management tasks. As part of this phase, Project Tundra will engage with communities and key stakeholders to ensure their voices are integrated from the outset, fostering the relationships necessary for the project’s success.
Minnkota President and CEO Mac McLennan expressed gratitude for the partnership with the DOE’s Office of Clean Energy Demonstrations, saying, “We’re grateful for the collaborative partnership that’s been developed with the Department of Energy’s Office of Clean Energy Demonstrations “Together, we’re excited to kick off Phase 1 of Project Tundra funding, which is particularly important as it includes reaching out to communities and key stakeholders, ensuring that their voices and needs are integrated into our plans from the start. Building strong relationships and fostering collaboration is essential to the success of Project Tundra, and we’re eager to leverage this opportunity to demonstrate the transformative impact carbon capture technology can have on the future of energy development.”
In October, the DOE awarded $48.6 million through Phase IV of its Carbon Storage Assurance Facility Enterprise (CarbonSAFE) program. This funding, provided through the Office of Fossil Energy and Carbon Management, is designated for the potential construction of a commercial large-scale geologic carbon storage facility.
“We are deeply grateful to receive Phase IV funding through the U.S. Department of Energy’s CarbonSAFE program,” McLennan said. “This support is pivotal to advance safe and permanent CO2 storage solutions, and it brings us closer to our goal of making carbon capture and storage a commercial reality. Project Tundra has successfully navigated each phase of the CarbonSAFE program, with each step helping us better understand and utilize North Dakota’s ideal geology for CO2 storage. This new funding announcement allows us to build on that progress, moving beyond development to the potential deployment of technologies that will have a meaningful impact on reducing CO2 emissions.”
The U.S. Department of Energy (DOE) has announced two critical funding awards to support the advancement of Project Tundra, which aims to capture and securely store 4 million tons of carbon emissions annually from the Milton R. Young Station.
In September, Project Tundra also received an initial $4.2 million installment from a broader $350 million DOE award made available through the Office of Clean Energy Demonstrations and allocated in late 2023. This installment launches Phase 1 activities, including essential project development and management tasks. As part of this phase, Project Tundra will engage with communities and key stakeholders to ensure their voices are integrated from the outset, fostering the relationships necessary for the project’s success.
Minnkota President and CEO Mac McLennan expressed gratitude for the partnership with the DOE’s Office of Clean Energy Demonstrations, saying, “We’re grateful for the collaborative partnership that’s been developed with the Department of Energy’s Office of Clean Energy Demonstrations “Together, we’re excited to kick off Phase 1 of Project Tundra funding, which is particularly important as it includes reaching out to communities and key stakeholders, ensuring that their voices and needs are integrated into our plans from the start. Building strong relationships and fostering collaboration is essential to the success of Project Tundra, and we’re eager to leverage this opportunity to demonstrate the transformative impact carbon capture technology can have on the future of energy development.”
In October, the DOE awarded $48.6 million through Phase IV of its Carbon Storage Assurance Facility Enterprise (CarbonSAFE) program. This funding, provided through the Office of Fossil Energy and Carbon Management, is designated for the potential construction of a commercial large-scale geologic carbon storage facility.
“We are deeply grateful to receive Phase IV funding through the U.S. Department of Energy’s CarbonSAFE program,” McLennan said. “This support is pivotal to advance safe and permanent CO2 storage solutions, and it brings us closer to our goal of making carbon capture and storage a commercial reality. Project Tundra has successfully navigated each phase of the CarbonSAFE program, with each step helping us better understand and utilize North Dakota’s ideal geology for CO2 storage. This new funding announcement allows us to build on that progress, moving beyond development to the potential deployment of technologies that will have a meaningful impact on reducing CO2 emissions.”
