On a small lot between Houston and the Gulf Coast, in an industrial zone packed with petrochemical factories and gas pipelines, a little-known company is finalizing construction of a demonstration power plant that could represent a genuine energy breakthrough.
If it works as expected, Net Power's $140 million, 50-megawatt natural gas plant will capture effectively all of the carbon dioxide it produces, without significantly higher costs, in part by relying on the greenhouse gas itself to crank the turbine that generates electricity.
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