NET Power's asset
NET Power

@netpower.com

NET Power transforms natural gas into clean energy through our patented oxy-combustion process, providing reliable power for a low-carbon future.

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About

Description

NET Power is a leading clean energy technology company that is on a mission to deliver the Energy Trifecta worldwide: Clean, Reliable, and Low-cost energy. They specialize in inventing, developing, and licensing groundbreaking technology that provides reliable natural gas power with significantly lower life cycle emissions compared to traditional gas systems. NET Power's innovative technology also offers a levelized cost of energy that is lower than both carbon-capture gas turbines and renewables combined with batteries.


Founded in 2010 and headquartered in Durham, North Carolina, NET Power has received strategic investments from industry partners like Occidental, Baker Hughes, Constellation, 8 Rivers, and the Rice family. With a commitment to integrity, creativity, excellence, impact, and unity, NET Power is dedicated to empowering a clean world and globally deploying affordable and reliable zero-emissions energy. Having validated its core technology and achieved significant milestones, such as becoming the world's first large-scale supercritical carbon dioxide power plant, NET Power is now focused on commercialization.


They are currently developing multiple utility-scale projects and target 2026 as the operational date for their first 300 MWe Class plant

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Company Type

Public Company

Company Size

11-50

Year Founded

2010

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