DOE to spend $6 billion to fund decarbonization projects for energy-intensive industries
March 20, 2023
The Industrial Demonstrations Program, which is funded by the Infrastructure Law and Inflation Reduction Act, will prioritize projects that focus on industries where decarbonization technologies will have the greatest impact.
The U.S. Department of Energy will award $6 billion in funding to projects that are designed to accelerate decarbonization in energy-intensive industries. The Industrial Demonstrations Program, which is funded by the Infrastructure Law and Inflation Reduction Act, will prioritize projects that focus on industries where decarbonization technologies will have the greatest impact. This includes iron and steel, aluminum, cement and concrete, just to name a few. The program will be managed by the Office of Clean Energy Demonstrations, the Office of Manufacturing and Energy Supply Chains, and the Industrial Efficiency and Decarbonization Office.
In a recent quote, U.S. Secretary of Energy Jennifer M. Granholm said, “Today’s announcement is yet another exciting step in the race to fully decarbonize our heavy industries, and will help drastically reduce harmful pollution while ensuring America’s manufacturing sector is strong and competitive. President Biden’s transformational investments in innovation and clean energy are supporting American industries as they create new economic opportunities across the country while leading the world in clean manufacturing technologies.”
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