NET Power, developer of the novel Allam-Fetvedt supercritical carbon dioxide (sCO 2) power cycle, will build its first 300-MW natural gas–fired power plant at an Occidental-hosted site near Odessa, ...
Management indicated that with the integrated configuration, Project Permian's levelized cost of electricity (LCOE) has improved from over $150 per megawatt hour to now under $100 per megawatt hour.
CEO Daniel Joseph Rice stated the energy market is seeing "unprecedented demand, driven largely by the surge in artificial intelligence and data center growth," with rising grid load and capacity ...