This funding supports small businesses conducting applied research and development to overcome technical challenges in extracting subsurface resources such as oil, gas, geothermal energy, and minerals. Projects should focus on enhancing recovery efficiency in low-permeability formations through innovative technologies, addressing issues like fracture conductivity, resource access, and environmental concerns. The goal is to create disruptive technologies with significant market potential and transformative impact on energy security and industrial productivity.
Eligible applicants are small businesses. The opportunity targets projects that can be submitted through the DOE eXCHANGE platform and comply with ARPA-E's funding requirements.