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Wyoming Funding Summit Energy Panel: Federal Funding and Opportunities

J. Fred McLaughlin

School of Energy Resources

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The Department of Energy Federal Funding Opportunities

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Federal Funding

Office

FY26 Enacted ($M)

FY27 Request ($M)

Change ($M)

% Change

Critical Minerals & Energy Innovation

3,033

1,122

-1,912

-63%

Hydrocarbons & Geothermal

787

676

-111

-14%

Nuclear Energy

1,685

1,534

-151

-9%

FY27 Department of Energy Budget Request

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  • DOE has reorganized major offices
  • 2027 will see a general reduction across all energy programs
  • Priorities shift to energy security, reliability and commercialization
  • There are new offices that would favor Wyoming’s energy and resource sectors

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Federal Funding Importance to Wyoming

  • The School of Energy Resources research programs have successfully captured DOE funding in:
    • Carbon management and capture
    • Critical minerals
    • Nuclear energy

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What’s next??

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Oil and Gas Research

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  • Production

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  • Transportation and Storage

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  • Power, Fuels and Chemicals

NEW! DOE Office of Oil and Gas

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Coal Research

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  • Modernize and extend the life of coal mines and coal-based power fleet.
  • Optimize efficiencies across the extraction, capture, processing, and power generation value chain.
  • Support the growth of coal-based power generation, and product manufacturing.
  • Identify and support development opportunities for additional U.S. coal export capacity.

NEW! DOE Office of Coal

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Critical Minerals Research

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  • Domestic Resource Characterization and Development

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  • Extraction and Processing

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  • Manufacturing

NEW! DOE Office of Critical Minerals and Energy Innovation

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Nuclear Energy Research

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  • Long-term storage and waste management

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  • Enable deployment of advanced nuclear reactors

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  • Develop advanced nuclear fuel cycles

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Geothermal Energy Research

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https://wyoenergy.org/wp-content/uploads/2022/11/Petrolern_FinalReportWYGeothermalPotentialAndApplicableTechnology_FINAL1Aug2022.pdf

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  • Enhanced Geothermal Systems (EGS)

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  • Low Temperature and Coproduced Resources

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  • Geothermal Heat Pumps

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  • Drilling Optimization

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Trust in DOE Trends?

  • Source, National Renewable Energy Laboratory

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Thank you

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