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Product Overview
Overview
NET Power is a clean energy technology company that has developed a novel power generation system (the “NET Power Cycle”) that produces low-cost, reliable, and flexible electricity from natural gas while capturing virtually all atmospheric emissions, including CO2, SOx, NOx, and particulates, through the unique combination of oxy-combustion and a supercritical CO2 power cycle. NET Power licenses the technology to companies seeking to decarbonize their electricity footprint and supports the development of projects through technical support, engineering services, and supply chain processes.
Business Model
NET Power licenses their proprietary technology through offering plant designs ranging from industrial-scale configurations between 25-115 MW net electric output to utility-scale units of approximately 300 MW net electric output capacity.
Technology Innovations
NET Power is the only generation system available leveraging the efficiency of a combined oxy-combustion and supercritical CO2 power cycle to generate virtually emission-free power on demand. NET Power’s proprietary generation cycle delivers best-in-class carbon capture and LCOE and is supported by 380 issued patents in over 30 countries. NET Power is uniquely positioned to solve the most pressing challenges of grid decarbonization through a cost-effective and scalable system.
Applications
NET Power delivers clean, reliable, low-cost electricity while utilizing existing energy and transmission infrastructure and abundant natural gas through their patented process. Capable of serving as both baseload and flexible generation, the NET Power Cycle can serve as a key enabling platform for a low-carbon future, addressing shortfalls inherent to alternative clean power options while contributing to an overall lower system-wide cost of decarbonization.