Cheaper, Cleaner: A Game-Changing Model for Carbon Capture
Carbon capture and storage (CCS) technology has long been considered a necessary part of the energy mix if we are to reduce carbon emissions enough to avoid the worst consequences of climate change. But it has so far proven to be financially infeasible without a set price on carbon, with recent efforts failing to get off the ground. Enter a new venture: NET Power. Instead of burning fossil fuels and capturing the carbon dioxide as a separate process after the fact, NET Power has designed an innovative power generation process that uses carbon dioxide to turn turbines, generating low-cost electricity while virtually eliminating all air emissions. The technology could be a game changer for clean power, providing a low-cost and flexible compliment to intermittent solar and wind resources. Its model plant in Texas has begun the commissioning and start-up process.
Want to learn more about the technology? Join EPIC as we host NET Power CEO Bill Brown.
Saieh Hall, Room 146
Bill Brown is the CEO of NET Power, LLC, a company owned by Exelon, CB&I and 8 Rivers Capital. He is also co-founder of 8 Rivers Capital, a company that focuses on developing, financing and commercializing break-out technologies that include space launch (at 95% less cost than traditional launch services), gigabit wireless (fiber speed, but wireless costs) and hydrogen production (well below current costs).
Previously, Brown was a professor at Duke Law and had an extensive career on Wall Street, where he held leadership positions at Goldman Sachs & Co., AIG International, and Morgan Stanley.