8 Rivers Unveils 560 MW of Allam Cycle Gas-Fired Projects for Colorado, Illinois
The post 8 Rivers Unveils 560 MW of Allam Cycle Gas-Fired Projects for Colorado, Illinois appeared first on POWER Magazine.
8 Rivers Capital, inventor of a novel supercritical carbon dioxide (CO2) cycle, plans to begin operating a 280-MW NET Power natural gas–fired plant within the Southern Ute Indian Reservation in southwest Colorado by 2025. The company on April 15 also said it will team with agricultural and processing firm Archer-Daniels-Midlands Co. (ADM) to locate a 280-MW NET Power facility in Decatur, Illinois.
The proposed projects are a giant leap forward for Durham, North Carolina- headquartered venture capitalist firm 8 Rivers, and NET Power, a firm it holds jointly with industry backers that is working to commercialize the Allam Cycle.
Despite intense interest from industry, NET Power has been quiet about developments surrounding the potentially revolutionary technology, including any achievements at a NET Power test facility in La Porte, Texas. The company marked its last substantial technology triumph in May 2018, when it achieved first-fire of a novel commercial-scale 50-MWth combustor at the La Porte facility. …