Global CCS Institute to Provide $46M to Carbon Capture Projects

Dec 9 2009 | 10:26am ET

Got a large-scale carbon capture and storage project and need some funding? The Global CCS Institute, funded by the Australian government, is taking applications for support worth a total of AUD 50 million (US$49 million).

The institute says there are 55 such fully integrated, commercial-scale projects around the world, each at a different stage of development but all facing similar barriers.

The institute says it will help them overcome these barriers by providing funding for concept and pre-feasibility studies, or specific aspects of feasibility and front-end engineering and design (FEED) studies.

As for what’s in it for the Global CCS Institute, it says it will “capture relevant knowledge from the projects it supports to allow the broader industry to learn from project experiences.”

Institute support will be allocated through engagement with projects on an ongoing basis, and may be allocated for single or multiple years to meet the specific needs of different projects. The deadline for formal applications is 8 January 2010.


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note