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 commercializing the Allam Cycle.
