Exelon Says New Technology At Demo Power Plant Will Be A Game-Changer

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Exelon Generation of Kennett Square announced it has joined with CB&I of The Woodlands, Tex. and 8 Rivers Capital of Durham, N.C. to build NET Power’s first-of-a-kind demonstration power plant.

Exelon says the new plant will be built in Texas and will validate a new natural gas power system that produces zero atmospheric emissions, including carbon dioxide.

A supercritical CO2 turbine will be supplied by collaborator Toshiba.

With the plant’s NET Power’s Allam Cycle technology, carbon dioxide will be the  working fluid driving a combustion turbine to produce pipeline-quality CO2 that can be sequestered or used in various industrial processes – including enhanced oil recovery.

“This technology is a potential game changer in reducing carbon emissions from power generation,” said Chris Crane, Exelon president and CEO. “The collaboration with CB&I and 8 Rivers is another step towards Exelon’s vision of a clean, innovative energy future.”

The $140 million demonstration project – which includes technology development, plant design and construction, and a full testing and operations program – is funded by a combination of cash and in-kind contributions from Exelon and CB&I.

The firms say in this project they are anticipating complying with future stringent environmental regulations.

“NET Power presents an opportunity to not only eliminate all air emissions from natural gas power plants, but to do so at a cost that is highly competitive with conventional power plants,” said Bill Brown, CEO of 8 Rivers Capital.

Commissioning is expected to take place in 2016.

Exelon Corporation had 2013 revenues of approximately $24.9 billion and does business in 48 states.

 

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Top Photo Credit: Ian Sane via photopin cc
 

 

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