NET Power Inc. is an energy technology company developing its proprietary NET Power Cycle, which transforms natural gas into power. The NET Power Cycle is designed to inherently capture carbon dioxide (CO2) while producing virtually no air pollutants, such as sulfur oxides (SOX), nitrogen oxide (NOX) and other particulates. The NET Power Cycle is designed to achieve electricity generation through its highly recuperative oxy-combustion process. This process involves the combination of two technologies: oxy-combustion and supercritical CO2 (sCO2) power cycle. In the Net Power Cycle, CO2 produced in oxy-combustion is immediately captured in a sCO2 cycle that produces electricity. As CO2 is added through oxy-combustion and recirculated, excess captured CO2 is siphoned from the cycle at high purity for export to permanent storage or utilization. Its customers include electric utilities, oil and gas companies, midstream oil and gas companies, technology companies, and industrial facilities.
Company Information
About this company
Key people
Daniel Joseph Rice
President, Chief Executive Officer, Interim Chief Financial Officer, Director
Marc Horstman
Chief Operating Officer
Caleb Van Dolah
Principal Accounting Officer
Peter J. Bennett
Independent Non-Executive Chairman of the Board
Ralph Alexander
Independent Director
J. Kyle Derham
Independent Director
Frederick A. Forthuber
Independent Director
Joseph T. Kelliher
Independent Director
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Key facts
- Shares in issue83.92m
- EPICNPWR
- ISINUS64107A1051
- LocationUnited States
- SectorUtilities
- IndustryElectric Utilities
- Market cap$484.27m
- Employees68
- ExchangeNew York Stock Exchange
- Index
- Website
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