california resources corporation Archives https://www.powermag.com/tag/california-resources-corporation/ The power industry's trusted source for generation technology, O&M, and legal & regulatory news for coal, gas, nuclear, hydro, wind & solar power plants; power jobs Wed, 11 Dec 2024 17:01:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://www.powermag.com/wp-content/uploads/2020/11/cropped-p-power-32x32.jpg california resources corporation Archives https://www.powermag.com/tag/california-resources-corporation/ 32 32 NET Power and CRC Team to Deploy 1 GW of Carbon-Free Gas Power Plants in California https://www.powermag.com/net-power-and-crc-team-to-deploy-1-gw-of-carbon-free-gas-power-plants-in-california/ https://www.powermag.com/net-power-and-crc-team-to-deploy-1-gw-of-carbon-free-gas-power-plants-in-california/#respond Wed, 11 Dec 2024 14:42:04 +0000 https://www.powermag.com/?p=226592 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) […]

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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)

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