NET Power, a collaboration of Exelon Generation, CB&I, and 8 Rivers Capital, Wednesday announced the groundbreaking of a new first-of-a-kind zero emission natural gas power system demonstration project in la Porte, Texas. The plant will demonstrate NET Power’s new Allam Cycle technology. The new system puts CO2 to work, using it as a fluid to drive a combustion turbine and, in turn, eliminating “all atmospheric emissions without requiring expensive, efficiency-reducing carbon capture equipment, and ultimately produces pipeline-quality CO2 that can be sequestered or used in various industrial processes, including enhanced oil recovery,” according to a NET Power release.
The 50-megawatt project is billed at $140 million, including demonstration plant design and construction, ongoing technology advancement, a full testing and operations program, and commercial product development. Funding for the project is provided by Exelon and CB&I. Toshiba is manufacturing a new supercritical CO2 turbine and combustor for the project
“NET Power is the first technology that allows policy and economics to work together, instead of against each other, to ensure the world meets our climate targets,” NET Power’s CEO, Bill Brown, said in the release. “Today marks a significant step for our world-class team, including Exelon, CB&I, 8 Rivers, and Toshiba, towards delivering a technology that will be the cornerstone of a modern global energy infrastructure that is clean, affordable and flexible.”
