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$50 million will be awarded for geologic sequestration site characterization. The NOI states, "The objectives of this Funding Opportunity Announcement (FOA) will be to develop comprehensive data sets of formation characteristics (porosity, permeability, injectivity, reservoir architecture, cap rock integrity, etc.); to determine usefulness of potential geologic storage sites; to augment existing data sets and refine best practices for approving storage site selection; and to characterize a minimum of 10 distinct “high-potential” geologic formations." A non-federal cost share will be required. Approximately 10 awards are expected to be made. It is expected that the Funding Opportunity Announcement will be released in May 2009.
There are several actions that applicants must complete prior to submitting an application. These actions can take several days, so applicants are urged to complete the following as soon as possible: |
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