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
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, proving the technology works 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.
2008
Economic crisis spurs 8 Rivers Capital to design a new way to generate power without emitting carbon dioxide.
2010
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.
2012
McDermott becomes the second investor, advancing technology from concept to reality. They provide petrochemical engineering, procurement and construction expertise.
2014
Exelon becomes the third investor, providing extensive power generation and operational experience.
2016
Construction on the 50 MWt La Porte, Texas test facility begins in March, rivaling the world’s most elite facilities including NASA.
2018
The La Porte demonstration and testing facility achieves a key milestone—combustor first fire—and becomes the world's first large-scale supercritical carbon dioxide power plant.
2018
OXY Low Carbon Ventures becomes the fourth investor, providing global CO2 storage expertise.
2021
Multiple projects are in development worldwide for rapid global deployment of commercial units.
2050
The world meets its climate goal of net zero emissions by 2050.
We make existing power plants
economically and environmentally obsolete.
Zero
Emissions
No air pollutants.
Lower
Power Costs
Complements
Renewables
Multiple
Revenue Streams
Made for
Anywhere
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
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.