Net Power Inc. Reports Q2 2025 Results with Over 11x Increase in PJM Capacity Clearing Prices to $329/MW-day
Reuters
Aug 12
Net Power Inc. Reports Q2 2025 Results with Over 11x Increase in PJM Capacity Clearing Prices to $329/MW-day
Net Power Inc. has released its second quarter 2025 results, revealing substantial growth in the energy sector driven by unprecedented demand for power. The company's focus on leveraging its proprietary oxy-combustion technology aligns with the market's need for 24/7 scalable power and pathways to reduce future emissions. The 2025 PJM capacity auction saw clearing prices increase over 11 times to $329/MW-day from $29/MW-day in 2023, underscoring the rising demand and pricing pressure in wholesale power markets. The company is positioning natural gas as a critical solution in balancing reliability and decarbonization efforts, in line with federal emphasis on domestic energy production and affordability. This pragmatic shift is further supported by newly enacted parity for the 45Q credit for Enhanced Oil Recovery $(EOR.AU)$, increasing its value from $60 to $85. Looking forward, Net Power continues to evolve its technology to meet the global need for reliable power with credible pathways to reduce emissions, aligning with both corporate sustainability goals and national energy security interests.
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