The Allam Cycle or Allam-Fetvedt Cycle is a process for converting carbonaceous fuels into thermal energy, while capturing the generated carbon dioxide and water. This zero emissions cycle was validated at a 50 MWth natural gas fed test facility in La Porte, Texas in May 2018. This industrial plant is owned and operated by NET Power LLC, a privately held technology licensing company. NET Power is owned by Exelon Corporation, Occidental Petroleum Corporation (Oxy) Low Carbon Ventures, Baker Hughes Company, and 8 Rivers Capital (which invented the technology). The key inventors behind the process are English engineer Rodney John Allam, American engineer Jeremy Eron Fetvedt, American scientist Dr. Miles R Palmer, and American businessperson and innovator G. William Brown, Jr. The Allam-Fetved