Zero Emissions. Lower Costs. Global Solution.

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 the only immediately available technology that allows the world to meet its climate goals
without paying more for electricity.

MIT Technology Review Top 10 Breakthrough Technologies of the Year

International Excellence in Energy ADIPEC Award Winner

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 the only immediately available technology that allows the world to meet its climate goals without paying more for electricity.

MIT Technology Review Top 10 Breakthrough Technologies of the Year

International Excellence in Energy ADIPEC Award Winner

“Given that technologies need to be at scale by 2050,
they need to be commercially demonstrated with
initial market entry by 2030, which means ambitious,
serious innovation and commercialization efforts
need to be happening now.”

UNLOCKING MID-CENTURY DEEP DECARBONIZATION,
A Report from the 2020 Aspen Institute Winter Energy Roundtable

The NET Power plant in La Porte, Texas, completed in 2018, is now an operational testing facility.

We are ambitious, serious innovators deploying
the NET Power solution today.

As the world accelerates towards decarbonized growth, NET Power is leading
a new era of advanced clean energy by making environmental economical—for everyone.

Simply put, we are power that empowers the world.

Origin Story

NET Power rises to the challenges of our time.

The 2008 global economic crisis spurred 8 Rivers Capital, a North Carolina-based innovation company,
to work on blue ocean solutions.

One such goal was to design a new way to generate lower-cost power without releasing carbon dioxide
into the atmosphere.

This New Energy Technology company, NET Power, was founded on January 8, 2010.

And in less than a decade, we succeeded.

We reimagined the natural gas power plant with NET Power’s semi-closed loop
CO2 powered Allam-Fetvedt Cycle.

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

The Allam-Fetvedt Cycle is a pioneering platform technology and the future of advanced clean energy.
We are determined and capable of meeting the world’s climate goals by 2050.

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 testing 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.
La Porte Texas Power Plant Carbon Neutral Zero Emissions

2020


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.

The NET Power Team

NET Power is a clean energy technology company with a proprietary process
that generates lower-cost power with zero emissions.

We are leading the world in breakthrough technologies.

418

NET Power
Issued Patents
(456 pending)

33

Countries with
Issued Patents
(33 pending)

246

Additional Allam-Fetvedt Cycle
Associated Global Patents
(issued and pending)

Read our News Updates and why we are called “the game-changer.”

Company Leadership

“At NET Power, our resolve and direction—our ‘why’—is to ensure
that clean electricity is affordable for every human being.”

Bill Brown,
CEO & Co-Founder

Charlie Bowser

Charlie Bowser

President

Akash Patel

Akash Patel

Chief Financial Officer

Brandon Heffinger

Brandon Heffinger

Chief Development Officer

Brock Forrest

Brock Forrest

Chief Engineer

Jim Mahon

Jim Mahon

General Counsel

Marjorie K. Eastman

Marjorie K. Eastman

Director of Communications

Jeremy Friesen

Jeremy Friesen

Director, Corporate & Business Development

Paul McDonough

Paul McDonough

VP of Construction & Operations

David Lewicki

David Lewicki

Director of Program Operations

Paul McCready

Paul McCready

Chief of Staff

World-Class Partners and Shareholders

NET Power Board

Rick Callahan