Net Power abandons carbon capture technology to build data center power plants

The startup that went public with a promise to decarbonize the grid via emissions-free natural gas plants has pivoted to conventional fossil fuel generation to meet surging AI data center demand for fast, cheap power.

First covered Oct 22, 2026 · 11:21 AM PT · 2 articles · no longer in the live window

Net Power abandons carbon capture technology to build data center power plants — Image via heatmap.news

Coverage

19d Heatmap News The Data Center Boom Is Faltering — This is Heatmap Daily, a weekday digest written by our executive editor. Subscribe here. My colleague Emily Pontecorvo has a fascinating story today about Net…

19d Heatmap News Net Power Surrendered Its Clean Dreams to Data Center Demand — All kinds of companies have refashioned themselves to exploit the AI boom. A bitcoin miner became a data center developer , a shoemaker is building GPUs , and…

Primary sources

ir.netpower.com Net Power Reports Second Quarter 2026 Results and Provides Business Update

Related coverage

20d Distilled Data Center Developers Have Announced More Than 100 GW of Their Own Power Plants

More coverage from around the web

hartenergy.com Net Power Targets Data Center Market With Nat Gas Power Pivot - Hart Energy

americanactionforum.org AI Data Center Power Surge: Shifting Trends Toward Natural Gas - AAF

sec.gov Net Power Inc. - Form 8-K - FY2026

sec.gov NET Power Inc. - Form 8-K - FY2026

enkiai.com Gas-to-Power Boom: AI Drives 2026 On-Site Energy Shift

Discussion

Bluesky: @volts.wtf David Roberts · 19d ago · 73 ♥ Ugh this is so depressing. Net Power was working on these fancy zero-emission natural gas turbines (which produce a stream of pure CO2 on the side). Been wondering what happened to them.

Appeared in: 2026-10-22 (#10) · 2026-10-23 (#7)

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