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A 295 - megawatt NET Power plant, the size of the company's planned commercial -scale design, <br />would generate about 800,000 tons of carbon dioxide annually. NET Power estimates the utility that <br />owns the facility could sell the gas for as little as $5 per ton and up to $50 per ton for use in <br />advanced oil recovery, depending on the cost of oil and on other factors. <br />Thus a NET Power plant would generate between $4 million and $40 million in additional revenue <br />from CO2 sales for its utility owner, according to the company's estimates. <br />Or the utility could simply "vent" the CO2 into the air until disposal options become available. That's <br />the plan for NET Power's pilot project under construction in Texas. <br />Good timing <br />Meanwhile, depressed energy global costs could be a boon for NET Power. <br />"The technology would be much in demand because we have such an abundance of low -cost <br />natural gas," said Jim Rogers, who retired as CEO of Duke Energy in 2013 and now teaches a <br />Reiruer at4es and iJ,ie World's Poor course with Profeta at Duke University. <br />"If this technology works — and we'll soon know — it would be transformative," Rogers said. "It would <br />be a way to produce zero - carbon electricity using natural gas. If this happens, we'll have zero - <br />carbon nuclear, zero - carbon renewables and zero - carbon natural gas." <br />With scores of power plants in the United States slated for retirement and replacement over the next <br />two decades, the timing for NET Power is opportune, noted Julio Friedmann, a senior fellow at the <br />l awireinc e Il....liveirir oire IINa loir4 Il....aboiratoiry in California and immediate past principal deputy assistant <br />secretary in the U.S. Department of Energy's Office of Fossil Energy. <br />"It speaks volumes that they have strong support from industrial leaders and utilities," said <br />Friedmann, who has been following NET Power for five years. "They've chosen the right thing at the <br />right time and they're doing it the right way." <br />John Murawski: 919 829 8932, Qrri nmurav✓ ki <br />