NET Power: A Novel, Emissions-Free Natural Gas Power System
NET Power is a novel, emissions-free natural gas power system that will allow the world to meet 100% of its climate targets without having to pay more for electricity. NET Power uses the Allam Cycle, an oxy-fuel supercritical CO2 power cycle, to produce electricity from natural gas for the same cost as conventional power plants, but without producing any air emissions. The system’s only byproducts are liquid water and pipeline-ready CO2. The technology will be the low-cost, reliable, flexible cornerstone of a clean energy future. The company is owned by Exelon, CB&I and 8 Rivers Capital. Together with Toshiba, NET Power and its investors are building a 50MWth demonstration plant in Texas that is currently under construction.