Inflation Reduction Act (IRA): Methane Emissions Reduction Program Oil and Gas Methane Monitoring and Mitigation
ID: 352284Type: Posted
Overview

Buyer

National Energy Technology Laboratory (DOE-NETL)

Award Range

$1 - $2

Eligible Applicants

Unrestricted

Funding Category

Environment

Funding Instrument

Grant

Opportunity Category

Discretionary

Cost Sharing or Matching Requirement

Yes

Original Source

https://grants.gov/search-results-detail/352284

Additional Information

https://www.fedconnect.net
Timeline
    Description

    The National Energy Technology Laboratory (NETL) is set to issue a Funding Opportunity Announcement (FOA) under the Inflation Reduction Act (IRA) for the Methane Emissions Reduction Program, specifically targeting oil and gas methane monitoring and mitigation. The program aims to provide financial and technical assistance to reduce methane emissions from oil and gas systems, with a focus on innovative technologies that address emissions from marginal conventional wells and small operators. This initiative is part of a broader commitment to enhance environmental protections and support disadvantaged communities, aligning with the Justice40 Initiative to ensure that 40% of federal investment benefits reach these areas. Interested applicants should prepare for the upcoming FOA, expected to be released in February/March 2024, and can contact John R. Hatfield at John.Hatfield@netl.doe.gov for further information. The anticipated funding amounts range from $1 million to $2 million, with applications due by April 15, 2024.

    Point(s) of Contact
    John.Hatfield@netl.doe.gov
    Files
    Title
    Posted
    FundOpp_DE-FOA-0003255.pdf
    The U.S. Department of Energy (DOE) plans to issue a Funding Opportunity Announcement (FOA) for the Methane Emissions Reduction Program (OGM3) as part of the Inflation Reduction Act (IRA). This Notice of Intent (NOI) is for informational purposes only and does not accept applications at this time. The FOA, expected to be released in February/March 2024, aims to facilitate financial and technical assistance for monitoring and mitigating methane emissions from oil and gas systems. Key objectives of the program include: 1. **Reducing Methane Emissions**: Funding will support innovative technologies to reduce emissions from existing wells and infrastructure, emphasizing marginalized conventional wells and small operators. 2. **Accelerating Deployment**: It seeks to foster the commercialization of methane reduction technologies focused on hard-to-mitigate emission sources. 3. **Empirical Data Collection**: The initiative will enable the characterization of methane emissions regionally, engaging various stakeholders in sustainability efforts. Additionally, the initiative aligns with the Justice40 Initiative, aiming to ensure 40% of benefits from federal investments go to disadvantaged communities. Entities interested in applying are urged to register with grants portals and prepare for application submission. This initiative highlights the federal commitment to enhancing environmental protections and fostering industry collaboration for a sustainable future.
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