8 Rivers Capital and Southern Ute Growth Fund to develop zero emissions NET power plant

In Colorado, 8 Rivers Capital, LLC and The Southern Ute Indian Tribe Growth Fund joined to develop the Coyote Clean Power Project, locating one of the world’s first zero-emissions NET Power natural gas-fired power plants within the Southern Ute Indian Reservation. The Coyote Clean Power Project will produce 280 MW of clean power 24/7, while capturing and storing CO2.

8 Rivers, through its Zero Degrees development business, and the SUGF plan to design and construct a NET Power plant over the next five years.

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, one of the first utility scale solar projects in Southwest Colorado, and other alternative energy projects including biofuels. The Coyote Clean Power Project will be fueled with natural gas while capturing all emissions associated with combusting gas.

The NET Power system utilizes the Allam-Fetvedt Cycle, combusting natural gas 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 air emissions, including traditional pollutants 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.

As the project moves forward, Coyote Clean Power expects to make a final investment decision in 2022 and production could begin by 2025.