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policy instrument
DAC Pre-Commercial Technology Prize
Jurisdiction countryUnited States
Instrument typegrant-rd
Authoritygovernment
PathwaysDirect air capture
Scopecarbon removal only
Statusoperational
DetailMulti-phase prize competition administered by U.S. Department of Energy Office of Fossil Energy and Carbon Management through NREL. Three phases: Develop, Design, and Deliver. Awards teams that identify critical needs in the DAC industry, develop solutions, and test to scale. Seven semifinalists announced December 19, 2023 (Arizona Board of Regents/Team CNCE, Capture6 Corp, Carbon To Stone Inc., E
Monetary note$3.2 million in cash prizes and $800,000 in technical assistance vouchers. Develop Phase: $100,000 cash + $50,000 technical assistance per semifinalist. Design Phase: up to $500,000 cash + $150,000 technical assistance per finalist. Grand prize: $1 million.
Stated statusoperational
Merged duplicates[object Object]
Pathway scopespecific
Pathway noteprize awards teams addressing 'a critical need in the direct air capture (DAC) industry'
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