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CFE agenda 050916
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CFE agenda 050916
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5/9/2016
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Regular Meeting
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Agenda
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CFE minutes 050916
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Durham's NET Power breaks ground on zero - emissions plant <br />By John Murawski jirrnaAirawsCkli@irhe 1 seirveir. irmn <br />This artist's rendering shows an experimental non - polluting power plant designed by Durham -based NET Power. The 25 megawatt facility is <br />under construction Texas and is expected to start generating electricity for the Texas power grid in the first quarter of 2017. NET Power <br />A Durham energy company's $140 - million quest to create the world's first zero - emissions power <br />plant is advancing from the laboratory to the real world. <br />NET Power broke ground last month on an experimental power plant near Houston, Texas, and <br />expects to start generating electricity there in March 2017. Some are predicting that if IIVE IC' IP eir's <br />experiment works and produces power without polluting, scores of these futuristic energy projects <br />would sprout in the coming years in the U.S. and around the world. <br />"This is no longer vaporware," NET Power chief executive Bill Brown said of the Texas project. "We <br />have invented something that might save the planet." <br />Among the pollutants the power plant is designed to block: carbon dioxide, the greenhouse gas <br />that's blamed for global climate change. Instead of releasing CO2 into the atmosphere, the NET <br />Power plant would capture carbon dioxide and store it for permanent injection underground or for <br />industrial applications. <br />NET Power's plant would be so clean it would not require a smokestack. The ultimate selling point is <br />that NET Power's technology would cost about the same to build as a conventional power plant, thus <br />obliterating the principal obstacle to pollution -free energy. <br />Brown said that a number of U.S. utilities have expressed interest in building a full -scale version of <br />the plant if the 25- megawatt trial version succeeds in Texas. Brown, who spent years financing deals <br />on Wall Street, is also co- founder of 8 Rveirs Caplita , the Durham technology commercialization firm <br />behind NET Power. <br />Even if the project proved to be an engineering miracle, however, the NET Power plant would not <br />please everyone. For one thing, it is designed to burn natural gas. The dependence on a fossil fuel, <br />typically extracted by means of fracking, automatically renders NET Power's "zero- emissions" claim <br />a non - starter for some environmental advocates. <br />Additionally, NET Power intends to make its excess carbon dioxide available to energy companies <br />for use in dislodging crude oil from subterranean geologic formations, a key step in advanced oil <br />recovery. So the technology would either benefit from gas drilling or it would promote oil drilling. <br />
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