The NET Power Commercial Power Plant is 300MW gas fired power project. It is planned in Tennessee, the US. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026. Buy the profile here.

Description

The project is being developed by 8 Rivers Capital, Constellation Energy Generation and NET Power. The project is co-owned by 8 Rivers Capital, Constellation Energy Generation, McDermott International, NET Power and Southern Ute Growth Fund, with their respective ownership stake of 20% each.

It is a Thermal power plant.

The project cost is expected to be around $418.02m.

Development status

The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.

Contractors involved

McDermott International is expected to render engineering procurement construction services for the gas fired power project.

Toshiba will be the turbine supplier for the Gas fired project.

For more details on NET Power Commercial Power Plant, buy the profile here.

About 8 Rivers Capital

8 Rivers Capital LLC (8 Rivers Capital) is engaged in the development of sustainable, infrastructure-scale solutions that solves various challenges and problems faced by energy, wireless communications, space launch and industrial processes. 8 Rivers Capital is headquartered in North Carolina, the US.

About Constellation Energy Generation

Constellation Energy Generation LLC (Constellation Energy Generation), formerly Exelon Generation Co LLC, a subsidiary of Constellation Energy Corp, is an energy company that generates, transmits, and markets electricity. It produces power from diverse resources such as nuclear, natural gas, natural gas, and oil, hydroelectric, wind, solar, landfill gas and oil energy. Exelon Generation also provides renewable energy, natural gas and other energy-related products and services. The company serves wholesale and retail customers in the Mid-Atlantic, Midwest, New England, New York, Texas, and other regions in the US and Canada. Its customers include distribution utilities, municipalities, cooperatives, financial institutions, and commercial, industrial, governmental, and residential. Constellation Energy Generation is headquartered in Kennett Square, Pennsylvania, the US.

About NET Power

NET Power LLC is a clean energy technology company that converts natural and renewable gas into electricity with zero emissions. The company is headquartered in Durham, North Carolina, the US.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.