Review Committee Recommending Two Projects to Governor Gordon

The Energy Matching Funds (EMF) review committee met on Friday, May 23, 2025, to recommend two projects to Governor Gordon. A ten-day public comment period opened on Tuesday, May 27 and will close on Friday, June 6, 2025. 

The Wyoming Energy Authority administers the Energy Matching Funds on behalf of Governor Gordon, who will review the projects and any public comments before making a final decision on the awards. 

The two projects recommended are:

1. Big Blue Technologies was recommended to receive $1,500,000 in matching funds for their project, Reshoring Magnesium Metal for Critical Energy Applications.
2. Relevant Gold was recommended to receive $226,533 in matching funds for their project, Advancing Wyoming’s Future, Critical Mineral Exploration in the Seminoe Mountains. 

Summaries of the projects are also available on the Wyoming Energy Authority webpage. Public comment can be sent to wea@wyo.gov.

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 EMF has received funding requests upwards of $820 million. Thus far, $124.6 million has been awarded, leveraging over $418 million in private or federal investments. Twenty-three projects have been awarded, with 89% of funding going to fossil fuel and mineral projects, 8% to nuclear, and 4% to renewables. The Energy Matching Funds continuously accepts concept papers but follows a periodic review process. For more information, please visit our EMF webpage.