8 Rivers Capital, through its Zero Degrees development business, and The Southern Ute Indian Tribe Growth Fund have joined together to develop the Coyote Clean Power Project, locating one of the world’s first zero-emissions NET Power plants within the Southern Ute Indian Reservation.
The Coyote Clean Power Project will represent a paradigm shift in how the world generates energy, producing 280 MW of clean power 24/7, while capturing and storing CO2.
The Tribe’s participation continues their long history of leadership in environmental stewardship and the energy transition, including the development and operation of a facility for a decade that captured naturally venting fugitive methane and one of the first utility-scale solar projects in Southwest Colorado.
The design is based on the NET Power system, which combusts fuel with oxygen, as opposed to air, and uses supercritical carbon dioxide as a working fluid to drive a turbine instead of steam.
This eliminates all emissions, including air pollution and CO2, and inherently produces pipeline-quality CO2 that can be sequestered, all while operating at competitive cost and efficiency to traditional gas power plants.
This technology was proven by NET Power and represents a game-changing advance in the search for solutions to climate change, one that makes today’s fossil fuel power plant’s economically and environmentally obsolete.
Developed by Rodney Allam and Jeremy Fetvedt, NET Power’s semi-closed loop technology leverages oxy-combustion to produce emissions-free power.
The Allam-Fetvedt Cycle burns natural gas with pure oxygen. The resulting CO2 is recycled through the combustor, turbine, heat exchanger, and compressor, creating lower-cost power with zero emissions.