March 13, 2023

Energy Department launches Program To Help Defray Costs Of Decarbonizing Industrial Emissions

The U.S. Department of Energy (DOE) has unveiled a $6 billion program that aims to decarbonize industrial emissions from the production of concrete, steel, chemicals, and other materials, providing up to half of the cost for as many as 55 first-of-a-kind or early-stage emissions reduction projects by 2025.

The program, called the Industrial Demonstrations Program (IDP), is supported by 12 states that have pledged to use the lower-emission materials in state-funded infrastructure projects.

The DOE said industrial emissions account for roughly one third of the nation’s carbon footprint, and the industrial sector is considered one of the most difficult to decarbonize due to the diversity of energy inputs, processes, and operations.

The IDP, authorized by the 2021 Bipartisan Infrastructure Law and Inflation Reduction Act that Metals Service Center Institute supported, will fund projects that focus on the highest emitting and hardest to abate industries where decarbonization technologies can have the greatest impact: iron and steel, cement and concrete, chemicals and refining, food and beverage, paper and forest products, aluminum, other energy-intensive manufacturing industries and cross-cutting technologies.

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