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.
Since 2022, the Wyoming Legislature has appropriated $155 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.
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 the button below.
Successful projects will:
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 State Geologist and the CEO of the Wyoming Business Council.
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.
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 takes place three times a year. Concept papers will be accepted until 5:00 PM Mountain Time on March 1, July 1, and November 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.
Large Project Energy Matching Funds
The following project has been recommended and is open for public comment. Public Comment will close Tuesday, November 25.
All comments are reviewed and considered in the final decision for awarding Large Project Energy Matching Funds; however, individual responses are not provided. Please provide public comment by submitting an email to wea@wyo.gov.
Scroll to the right on the tables to view additional information on each project.
 |  |  |  |  |  |
|---|---|---|---|---|---|
| TRISO Fuel Fabrication Facility in Wyoming | BWX Technologies, Inc. | $100,000,000 | $473,602,061 | Read Summary | Awarded December 2025 |
The following projects have been recommended and are open for public comment. Public Comment will close Saturday, October 18.
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 an email to wea@wyo.gov.
| Basin Electric Power Cooperative | Dry Fork Station Unit 2 Feed Study Recommended Award: $4,000,000 |
| Contango Resources | Big Horn Basin CO2 Pipeline Feasibility Study Recommended Award: $343,005 |
| University of Wyoming School of Energy Resources | Wyoming Integrated Test Center Enhancement Funding Recommended Award: $5,500,000 |
The following are projects that have been recommended and are open for public comment, or have previously been approved. Public Comment will close Saturday, October 18 for those currently recommended.
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 an email to wea@wyo.gov.
| | | | | |
|---|---|---|---|---|---|
| Dry Fork Station Unit 2 Feed Study | Basin Electric Power Cooperative | $4,000,000 | $4,000,000 | Read Summary | Awarded October 2025 |
| Big Horn Basin CO2 Pipeline Feasibility Study | Contango Resources | $343,005 | $343,005 | Read Summary | Awarded October 2025 |
| Wyoming Integrated Test Center Enhancement Funding | University of Wyoming School of Energy Resources | $5,500,000 | $16,118,659 | Read Summary | Awarded October 2025 |
| Reshoring Magnesium Metal for Critical Energy Applications | Big Blue Technologies | $1,500,000 | $1,500,000 | Read Summary | Awarded July 2025 |
| Advancing Wyoming’s Future, Critical Mineral Exploration in the Seminoe Mountains | Relevant Gold | $226,533 | $295,764 | Read Summary | Awarded July 2025 |
| Project Liberate: Advancing Commercialization of High-Pressure Slurry Ablation Equipment in Wyoming | Disa Technologies, Inc | $8,516,625 | $8,516,625 | Read Summary | Awarded May 2025 |
| X Oil NGL EOR Pilot | X Oil Development, LLC | $2,000,000 | $2,170,000 | Read Summary | Awarded May 2025 |
| Assessment, Characterization and Planning for Carbon Ore and Critical Minerals/Materials Resources Utilization in the Rocky Mountain Region | UW School of Energy Resources | $500,000 | $2,074,095 | Read Summary | Awarded May 2025 |
| Great Plains and Interior Highlands CORE-CM: Developing a Nexus of Carbon Ore & Critical Mineral Resources, Technology Innovation and Communities of the Future | UW School of Energy Resources | $1,000,000 | $9,176,484 | Read Summary | Awarded May 2025 |
| Steamboat Carbon Storage Hub | Meriden Carbon | $2,758,704 | $9,491,296 | Read Summary | Awarded May 2025 |
| Wyoming CORE (Carbon Ore Rare Earth) Mine Project | Ramaco Resources, Inc | $6,098,969 | $115,112,607 | Read Summary | Awarded May 2025 |
| Uranium mine units at Lost Creek Mine | KMX Technologies, Inc | $543,543 | $543,543 | Read Summary | Awarded May 2025 |
| Allam-Fetvedt Cycle with Inherent Carbon Capture | 8 Rivers | $1,500,000 | $1,500,000 | Read Summary | Awarded March 2025 |
| HF Sinclair’s Fuel Production Enhancement and Technology Upgrade Project | HF Sinclair | $4,700,000 | $12,800,000 | Read Summary | Awarded March 2025 |
| Jim Bridger Carbon Capture Front-End Engineering Design Study | PacifiCorp | $6,278,075 | $6,278,075 | Read Summary | Awarded March 2025 |
| Dry Piney Helium & Carbon Sequestration Project | Blue Spruce Operating | $6,000,000 | $37,875,000 | Read Summary | Awarded November 2024 |
| The Future of Wind Energy Modular, Scalable Utility-Scale Wind Energy at a Fraction of the Cost | Airloom Energy | $5,000,000 | $10,000,000 | Read Summary | Awarded November 2024 |
| The Oxiperator for Oil and Gas Methane Emissions Reduction in Wyoming | Prabhu Energy Labs | $456,450 | $456,450 | Read Summary | Awarded November 2024 |
| Alpha Enriched Air Enhanced Oil Recovery, Carbon Sequestration and Hydrogen Production Pilot Project | ATR Partners I LLC, with Principle Petroleum | $9,850,000 | $9,850,000 | Read Summary | Awarded April 2024 |
| BrightLoopTM – CCS Demonstration Plant: Converting Wyoming PRB Coal to Hydrogen | Black Hills Energy with Wyodak Resources Development Corp. | $15,995,451 | $15,995,451 | Read Summary | Awarded January 2024 |
| Triangle Unit Carbon Capture and Storage Project | Cowboy Clean Fuels, LLC | $7,792,653 | $7,792,653 | Read Summary | Awarded January 2024 |
| CO2 and Hydrogen Pipeline Safety: AI-Driven Leak Detection | Flowstate Solutions | $2,000,000 | $2,000,000 | Read Summary | Awarded January 2024 |
| MTR’s DOE Carbon Capture and Storage Activities at Basin Electric’s Dry Fork Station | Membrane Technology and Research, Inc. | $8,000,000 | $78,290,543 | Read Summary | Awarded January 2024 |
| Integration of Produced Water Thermal Desalination and Steam Methane Reforming for Efficient Hydrogen Production | University of Wyoming School of Energy Resources | $2,750,000 | $7,246,153 | Read Summary | Awarded January 2024 |
| The Williams Echo Springs CarbonSAFE Storage Complex Feasibility Study | Williams Companies, Inc. | $975,000 | $10,273,258 | Read Summary | Awarded January 2024 |
| Assessment of Microreactor Deployment, Applications and Development of Nuclear Microreactor Technologies and Knowhow in the State of Wyoming | BWXT Advanced Technologies | $9,999,802 | $10,598,950 | Read Summary | Awarded August 2023 |
| Sweetwater Carbon Storage Hub | University of Wyoming School of Energy Resources and Frontier Carbon Solutions | $9,135,000 | $41,504,935 | Read Summary | Awarded August 2023 |
The following project has been recommended and is open for public comment. Public Comment will close Tuesday, November 25.
All comments are reviewed and considered in the final decision for awarding Large Project Energy Matching Funds; however, individual responses are not provided. Please provide public comment by submitting an email to wea@wyo.gov.
| BWX Technologies, Inc. | TRISO Fuel Fabrication Facility in Wyoming Recommended Award: $100,000,000 |
Big Blue Technologies
Reshoring Magnesium Metal for Critical Energy Applications
Awarded: $1,500,000
Relevant Gold
Advancing Wyoming’s Future, Critical Mineral Exploration in the Seminoe Mountains
Awarded: $226,533
Disa Technologies, Inc
Project Liberate: Advancing Commercialization of High-Pressure Slurry Ablation Equipment in Wyoming
Awarded: $8,516,625
KMX Technologies, Inc
Uranium mine units at Lost Creek Mine
Awarded: $543,543
Meriden Carbon
Awarded: $2,758,704
Ramaco Resources, Inc
Wyoming CORE (Carbon Ore Rare Earth) Mine Project
Awarded: $6,098,969
UW School of Energy Resources
Awarded: $1,000,000
UW School of Energy Resources
Awarded: $500,000
X Oil Development, LLC
Awarded: $2,000,000
8 Rivers
Allam-Fetvedt Cycle with Inherent Carbon Capture
Awarded: $1,500,000
HF Sinclair
HF Sinclair’s Fuel Production Enhancement and Technology Upgrade Project
Awarded: $4,700,000
PacifiCorp
Jim Bridger Carbon Capture Front-End Engineering Design Study
Awarded: $6,278,076.68
Airloom Energy
The Future of Wind Energy Modular, Scalable Utility-Scale Wind Energy at a Fraction of the Cost
Awarded: $5,000,000
Blue Spruce Operating
Dry Piney Helium & Carbon Sequestration Project. Award Recommendation
Awarded: $6,000,000
Prabhu Energy Labs
The Oxiperator for Oil and Gas Methane Emissions Reduction in Wyoming
Awarded: $456,450
ATR Partners I LLC, with Principle Petroleum
Alpha Enriched Air Enhanced Oil Recovery, Carbon Sequestration and Hydrogen Production Pilot Project
Award: $9,850,000
Black Hills Energy with Wyodak Resources Development Corp.
BrightLoopTM – CCS Demonstration Plant: Converting Wyoming PRB Coal to Hydrogen
Award: $15,995,451
Cowboy Clean Fuels, LLC
Triangle Unit Carbon Capture and Storage Project
Award: $7,792,653
Flowstate Solutions
CO2 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.
University of Wyoming School of Energy Resources and Frontier Carbon Solutions
Award: $9,135,000
BWXT Advanced Technologies
Award: $9,999,802