Energy Matching Funds

The Energy Matching Funds (EMF) intend to spur innovation and bring transformative energy projects to Wyoming, leading the way to provide the nation with the energy it requires, solving sustainability issues without deteriorating reliability and affordability.

In 2022, the Wyoming Legislature appropriated $100 million to the Office of the Governor to provide matching funds for private or federal funding for research, demonstration, pilot projects or commercial deployment projects related to Wyoming energy needs including, but not limited to, carbon capture utilization and storage, carbon dioxide transportation, industrial carbon capture, coal refinery, and hydrogen production, transportation, storage, hydrogen hub development, biomass, biochar, hydropower, lithium, processing and separation, battery storage or wind and solar energy. 

The Governor delegated the management of the EMF to the Wyoming Energy Authority (WEA) in an effort to leverage Wyoming-based projects that are applying for federal funding. The Legislature made an additional $50 million available in 2023, including provisions and notice requirements. 

Energy Matching Funds
Eligbility and Criteria

The program is open to individuals and organizations, both public and private, seeking matching funds to meet the purposes of EMF. For full EMF guidelines, click here.

Successful projects will:

  • Address desired actions and outcomes of the project, namely, if the project is directly related to Wyoming’s energy needs.
  • Have at least 50% matching funds for the project, either private or federal.
  • Provide a public benefit for Wyoming.
  • Significantly advance research or commercial deployment of projects that benefit Wyoming.
  • Demonstrate the ability to successfully execute the project.

Proposal and Funding Protocol

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The EMF project review process includes an initial concept paper, followed by an invitation to submit a formal proposal. The project proposal then goes to the Review Committee – comprised of the Executive Director of the WEA, a designee from the Governor’s Office, the Director of the Department of Workforce Services, the CEO of the Wyoming Business Council, and the Executive Director of the University of Wyoming School of Energy Resources.

If projects are recommended to proceed, a ten-day public comment period opens. All comments are reviewed and considered in the final decision for awarding Energy Matching Funds; however, individual responses are not provided. 

Finally, the project proposal then goes to the Attorney General’s office and then the Governor for final approval. This public process ensures that each project awarded has been thoroughly considered by multiple parties, including an invitation to members of the public to weigh in on projects.

Submission Guidelines

Please read the full Energy Matching Funds guidelines and information packet for more information regarding eligibility, guidelines, and submission requirements. 

Questions can be submitted via email to wea@wyo.gov.  The questions and answers will be added to this spreadsheet which will be updated regularly.

Energy Matching Funds continuously accepts concept papers. However, the review process will follow a quarterly schedule. Concept papers will be accepted until 5:00 PM Mountain Time January 1, April 1, July 1, and October 1. If the submission deadline occurs on a weekend or Wyoming public holiday, submissions will be accepted until 5:00 PM Mountain Time on the next regular work day. Concept papers can be submitted at any time prior to submission deadlines. 

 

Recommended Projects
and Public Comment

The Energy Matching Fund Review Committee has recommended the following projects to Governor Gordon for approval. 

A ten-day public comment period is currently open. All comments are reviewed and considered in the final decision for awarding Energy Matching Funds; however, individual responses are not provided.  

Please provide public comment by submitting and email to wea@wyo.gov.

ATR Partners I LLC, with Principle Petroleum

Alpha Enriched Air Enhanced Oil Recovery, Carbon Sequestration and Hydrogen Production Pilot Project

recommended award: $9,850,000 

Visionary Metals Corp (DBA Lost Creek Corporation)

King Solomon Nickel and Cobalt Project

recommended award: up to $1 million

 

Awarded Projects

Awarded in January 2024:
Black Hills Energy/Wyodak Resources Development Corp.BrightLoopTM – CCS Demonstration Plant: Converting Wyoming PRB Coal to Hydrogen
award: $15,995,451
Cowboy Clean Fuels, LLCTriangle Unit Carbon Capture and Storage Project
award: $7,792,653
Flowstate SolutionsCO2 and Hydrogen Pipeline Safety: AI-Driven Leak Detection
award: $2,000,000
Membrane Technology and Research, Inc.

MTR’s DOE Carbon Capture and Storage Activities at Basin Electric’s Dry Fork Station
award: $8,000,000

University of Wyoming School of Energy Resources

Integration of Produced Water Thermal Desalination and Steam Methane Reforming for Efficient Hydrogen Production
award: $2,750,000

Williams Companies, Inc.The Williams Echo Springs CarbonSAFE Storage Complex Feasibility Study
award: $1,950,000, EMF will be contributing half of this amount, with the company matching the other half.
Awarded in August 2023:
University of Wyoming School of Energy Resources and Frontier Carbon SolutionsSweetwater Carbon Storage Hub
award: $9,135,000 
BWXT Advanced TechnologiesAssessment of Microreactor Deployment, Applications and Development of Nuclear Microreactor Technologies and Knowhow in the State of Wyoming
award: $9,999,802

 

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