Tri-State CCS Hub Finalizes DOE CarbonSAFE Award
October 4, 2024
The Tri-State CCS Hub is pleased to announce its participation in a CarbonSAFE Phase III project awarded by the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM). Coordination with DOE is now underway, and this funding of up to $69 million ($55.2 million in funding and $13.8 million in cost share) over three years will support the characterization and permitting efforts to develop a carbon capture and storage (CCS) hub in the tri-state region.
This award brings together a diverse project team that includes Tenaska and Southern States Energy Board, along with participants Projeo, Ohio State University, West Virginia Geological and Economic Survey and West Virginia University. ERM and Sargent & Lundy will participate as vendors.
We would like to thank the many federal, state and local officials, business leaders, educational institutions, landowners and others who provided letters of support as part of the CarbonSAFE application process.
We are committed to being a good business neighbor and are working to establish a Community Benefits Plan (CBP) as part of the award. The CBP will include a strong educational and employment program aimed at increasing knowledge of CCS, communicating our ambitions, and expanding access to energy careers through presentations and job fairs.
As envisioned, the Tri-State CCS Hub would help manufacturers, industrial producers and power generating facilities meet increasing environmental requirements and climate goals in a cost-effective, responsible manner. This allows these businesses to remain stable employers and taxpayers in the region. At the same time, CCS projects like this bring economic benefits to the community during construction and operation.
We are grateful for the continued support of stakeholders across the project footprint. We promise to keep you updated on our progress as the Tri-State CCS Hub advances.