In a significant boost to Wyoming’s energy landscape, the Wyoming Energy Authority (WEA) unveiled Governor Gordon’s approval of six groundbreaking projects set to receive Energy Matching Funds. The total funding allocated for these projects amounts to $37,513,104, leveraging an impressive total of over $120 million, comprising federal funding and private capital. This substantial investment surpasses $157 million, fortifying Wyoming’s position in the forefront of energy innovation.
The Wyoming State Legislature, in 2022, allocated funds to the Office of the Governor with the aim of supporting Wyoming-based projects seeking matching funds for research, demonstration, pilot projects, or commercial deployment ventures related to the state’s energy needs. The spectrum of projects encompasses areas such as carbon capture utilization and storage, carbon dioxide transportation, industrial carbon capture, coal refinery, hydrogen production, transportation, storage, hydrogen hub development, biomass, biochar, hydropower, lithium, processing and separation, battery storage, and wind and solar energy.
Governor Gordon emphasized Wyoming’s leadership in energy innovation, stating, “Wyoming continues to show why it is a leader in energy innovation. This round of projects — made possible by the Legislature funding the Governor’s Energy Matching Fund — benefits our core industries and sets our sights on new forms of energy development and economic growth. We are successfully leveraging state funds at a greater than one-to-one basis for technologies that create Wyoming jobs and additional investment.”
Rob Creager, Executive Director of the Wyoming Energy Authority, lauded the caliber of the selected projects, highlighting Wyoming’s potential as a trailblazer in the future of the energy industry. “The caliber of these six projects shows how Wyoming is truly positioned to be a trailblazer for the future of the energy industry,” Creager said. Not only do these companies want to work with our state’s incredible natural resources, but they want to work with our communities and experienced workforce. Each of these projects uses a valuable Wyoming resource and, through ingenuity and effort, works to create a future where Wyoming-made energy is very much still front and center of the market.”
