Bye-Bye! DOE cancels $3.7B in carbon capture, decarbonization awards – Ørsted & Exxon Mobil are among the companies affected by the decision
By Marc Morano
June 1, 2025
9:57 am
https://www.utilitydive.com/news/doe-cancel-carbon-capture-decarbonization-awards-grants/749409/By Ethan Howland
The U.S. Department of Energy on Friday canceled $3.7 billion in awards from its Office of Clean Energy Demonstrations, including $540 million in grants for two carbon capture projects planned by Calpine.
The canceled awards were mainly for carbon capture and sequestration and other decarbonization projects, according to DOE. Affected companies include PPL Corp., Ørsted and Exxon Mobil Corp.
The Calpine grants were for CCS projects at its 550-MW gas-fired Sutter power plant in Yuba City, California, and its 810-MW Baytown power plant in Baytown, Texas.
“After a thorough and individualized financial review of each award, the DOE found that these projects failed to advance the energy needs of the American people, were not economically viable and would not generate a positive return on investment of taxpayer dollars,” DOE said.
https://www.climatedepot.com/2025/06/01/bye-bye-doe-cancels-3-7b-in-carbon-capture-decarbonization-awards-orsted-exxon-mobil-are-among-the-companies-affected-by-the-decision/
