DOE selects Technip Energies and LanzaTech Global for up to $200M in IRA funding

In Texas, Technip Energies and LanzaTech Global, Inc. were selected by the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for up to $200 million in Bipartisan Infrastructure Law and Inflation Reduction Act (IRA) funding as part of the Industrial Demonstrations Program (IDP).

The project SECURE – standing for Sustainable Ethylene from CO2 Utilization with Renewable Energy – aims to develop a transformational technology to produce sustainable ethylene from captured carbon dioxide (CO2). Technip Energies and LanzaTech announced their Joint Collaboration Agreement to create this new pathway to sustainable ethylene at commercial scale in July 2023.