low-carbon gas power

  • INSERT ART. Carbon TerraVault’s CCS-to-Power initiative envisions approximately 145 million metric tons (MMT) of “premium” carbon dioxide (CO₂) storage capacity in Northern California. In December, the company partnered with NET Power to explore power solutions of up to 1 GW in the region. A memorandum of understanding (MOU) aims to transport and store up to 3.6 million metric tons per annum (MMTPA) of CO₂ from NET Power’s facilities. Courtesy: CRC Corporate Presentation (December 2024)
    Gas

    NET Power and CRC Team to Deploy 1 GW of Carbon-Free Gas Power Plants in California

    NET Power, developer of a novel gas-fired power plant that captures all atmospheric emissions, will explore deploying up to 1 GW of power capacity in Northern California with partner California Resources Corp. (CRC), California’s largest oil and gas producer.  CRC’s carbon management subsidiary, Carbon TerraVault (CTV), and NET Power signed a memorandum of understanding (MOU) […]