Zero Emissions. Lower Costs. Global Solution.

Meeting the world’s climate goals by 2050.

MIT Technology Review Top 10 Breakthrough Technologies of the Year

International Excellence in Energy ADIPEC Award Winner

MIT Technology Review Top 10 Breakthrough Technologies of the Year

International Excellence in Energy ADIPEC Award Winner

“goodbye smokestacks – startup invents zero-emissions fossil fuel power”
Science Magazine
“net zero natural gas plant–the game changer”
“this power plant has cracked carbon capture”
“…it could help to usher in an era of clean power from fossil fuels”
“the missing puzzle piece for getting to 100% clean power”
“Xcel, Duke say advanced nukes, carbon capture, hydrogen the tools to get to net-zero”
S&P Global
Allam-Fetvedt Cycle: The Next Generation of Thermal Power Generation From Natural & Renewable Gas

Making Environmental Economical

The mission of NET Power is to provide advanced clean energy to consumers worldwide by generating lower-cost power with zero emissions.

Our revolutionary Allam-Fetvedt Cycle promises to enable the world to meet its climate goals without paying more for electricity.

Nothing but NET

NET Power’s breakthrough technology, the Allam-Fetvedt Cycle, converts natural and renewable gas into zero-emissions power. And the cycle doesn’t just reduce the world’s carbon footprint. It also lowers the price of energy.

In May of 2018, our test facility in La Porte, Texas achieved first fire, validating the core technology and becoming the world’s first large-scale supercritical carbon dioxide power plant.

We are determined and capable of meeting the world’s climate goals of net zero by 2050.

Learn more about the Allam-Fetvedt Cycle and where history was made.

Allam-Fetvedt Cycle: The Next Generation of Thermal Power Generation From Natural & Renewable Gas


Economic crisis spurs 8 Rivers Capital to design a new way to generate power without emitting carbon dioxide.


NET Power is founded on January 8, 2010.

8 Rivers Capital makes the first investment and provides on-going vision, technology development, engineering, sales, marketing and project development support.

Both organizations are headquartered and co-located at the historic American Tobacco Campus in Durham, North Carolina.


McDermott becomes the second investor, advancing technology from concept to reality. They provide petrochemical engineering, procurement and construction expertise.


Exelon becomes the third investor, providing extensive power generation and operational experience.


Construction on the 50 MWt La Porte, Texas test facility begins in March, rivaling the world’s most elite facilities including NASA.


The La Porte test facility achieves a key milestone—combustor first fire—and becomes the world's first large-scale supercritical carbon dioxide power plant.


OXY Low Carbon Ventures becomes the fourth investor, providing global CO2 storage expertise.


Multiple projects are in development worldwide for rapid global deployment of commercial units.


The world meets its climate goal of net zero emissions by 2050.

We make existing power plants
economically and environmentally obsolete.


No air pollutants.

Power Costs

The Allam-Fetvedt Cycle reuses CO2, which drives efficiency and reduces the cost of electricity.


NET Power is the perfect zero emissions match for intermittent renewable energy thanks to its inherent energy storage capabilities and output flexibility.

Revenue Streams

Rather than emitting greenhouse gases, industrially useful and valuable CO2 is captured and salable, along with other industrial gas coproducts (Argon and Nitrogen).

Made for

The NET Power technology solution is tailored to market needs: it complements current infrastructure, is available in multiple size variations, is compatible with low-grade fuels, is capable of water-free production, has a significantly smaller land footprint and is universally permittable.

Our differentiation is unequalled.

Reaching Net Zero by 2050 is Attainable

Key actions in the next decade

January 8, 2021 NET Power Annual Address:
A Thought Leadership Program in Partnership with the Atlantic Council Global Energy Center

His Royal Highness The Prince of Wales provides introductory remarks,
highlighting the role of the private sector in the energy transition.

The Q&A segment features industry leaders Vicki Hollub, President and CEO of Occidental Petroleum Corporation and Trude Sundset, CEO of Gassnova.

Ambassador Richard Morningstar, Founding Chairman of the Atlantic Council Global Energy Center, serves as moderator.

To learn about the Allam-Fetvedt Cycle and how it compares to traditional natural gas power plants, visit here.