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DOE-sponsored project shows huge potential for carbon storage in Wyoming; potential for lithium recovery to offset cost

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The Wyoming Rock Springs Uplift could potentially store 14 to 17 billion metric tons of carbon dioxide (CO2), according to results from a Department of Energy-sponsored study. The recovered lithium could generate revenue to offset the cost of CO 2 storage and help reduce the need for lithium import.

Wyoming 199
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DOE awarding more than $50M to 15 projects to advance critical material innovations

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The US Department of Energy (DOE) is awarding more than $50 million in funding for 15 projects focused on field validation and demonstration—as well as next-generation extraction, separation, and processing technologies—for critical materials. Partners: American Lithium Corporation, DuPont Water Solutions.

Li-ion 321
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DOE to leverage fossil energy expertise to develop and explore geothermal energy resources

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The US Department of Energy (DOE) plans to leverage oil and gas expertise to test the reliability and efficiency of geothermal power generation at oil and gas fields. The overall focus is to reduce the upfront costs of geothermal development as well as improve its effectiveness. million barrels of co-produced hot water.

Energy 210
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US DOI finalizes plan for oil shale and oil sands research, demonstration and development

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Secretary of the Interior Ken Salazar last week announced the Department of the Interior’s final plan for encouraging research, development and demonstration (RD&D) of oil shale and oil sands resources on Bureau of Land Management (BLM) lands in Colorado, Utah and Wyoming. Earlier post.).

Oil-Sands 225
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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

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The US Department of Energy (DOE) announced the award of approximately $72 million in federal funding to support the development and advancement of carbon capture technologies under two funding opportunity announcements (FOAs). Many of these R&D efforts can be applied across both the energy and the industrial sectors.

Carbon 236
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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

Coal 210
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DOE to award up to $12.4M to 11 projects focused on shale gas and enhanced oil recovery

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The US Department of Energy’s (DOE) Office of Fossil Energy (FE) has selected 11 research projects that will help find ways to extract more energy from unconventional oil and gas resources while reducing environmental risks for awards totalling $12.4 million of cost-share provided by the recipients in addition to the $10.3

Oil 225