The funding will be used to conduct a feasibility study to establish the viability of direct air capture as a business and technology in California, the company says. (Source: Shutterstock)
The U.S. Department of Energy (DOE) has awarded California-based Aera Energy subsidiary Aera Federal a $2.8 million cooperative agreement contract as part of the department’s Regional Direct Air Capture (DAC) Hubs Initiatives, the company said May 30.
Located in the Kern County Belridge Oil Field in California, the project aims to be among the first in development for the states’ full-scale DAC plus storage network of regional hubs. Funds, the company said, will go toward a feasibility study to establish the viability of DAC as a business and technology for large-scale decarbonization in California.
The study, funded in part by the DOE and Aera, is scheduled to begin in May and end in April 2026.
“We are excited the DOE has provided this funding to assess the feasibility of the Aera DAC Hub, in support of California’s efforts to achieve its ambitious climate goals,” said Aera President and CEO Erik Bartsch. “DAC is an important technology with potential to profitably contribute to decarbonization goals while supporting Kern County’s vital economy, providing quality good-paying union jobs and benefiting working families throughout our communities.”
Aera’s partners include Battelle Memorial, Mosaic Materials Inc. and CarbonCapture Inc., according to the release.
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