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.
NET Power licenses and advances our revolutionary Allam-Fetvdt Cycle which will enable the world to meet its climate goals by 2050.
Breakthrough Technology
NET Power’s 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 to meet the world’s climate goals of net zero by 2050.
Learn more about the Allam-Fetvedt Cycle and where history was made.
2010
NET Power is founded on January 8, 2010.
8 Rivers Capital makes the initial investment and provides technological, engineering, and project development support.
2012
McDermott becomes the second investor, advancing the 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 begins on the 50MWt test facility in La Porte, Texas.
2018
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.
2018
OXY Low Carbon Ventures becomes the fourth investor, providing global CO2 storage expertise.
2021
Multiple projects are in development worldwide, racing to build the world’s first commercial-scale NET Power plant.
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
To learn about the Allam-Fetvedt Cycle and how it compares to traditional natural gas power plants, visit here.