Company: NPWR-WT
Filing Date: 2025-03-10
Form Type: 10-K
Source: 0001845437-25-000008
Chunk: 93

Company: NET Power Inc.
Filing Date: 2025-03-10
Form: 10-K
Item: Item 1A
Chunk 93
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 and Russia, and acts of terrorism or sabotage; 

•the ability and willingness of the Organization of the Petroleum Exporting Countries and allied producers (known as OPEC+) to agree and maintain oil price and production controls; 

•the price and quantity of imports of foreign natural gas; 

•governmental, scientific, and public concern over the threat of climate change arising from greenhouse gas emissions; 

•the level of global natural gas exploration and production; 

•the level of global natural gas inventories; 

•localized supply and demand fundamentals of regional, domestic and international transportation availability; 

•weather conditions, natural disasters and seasonal trends; 

•domestic and foreign governmental regulations, including embargoes, sanctions, tariffs and environmental regulations; 

•speculation as to the future price of natural gas and the speculative trading of natural gas futures contracts; 

•technological advances affecting energy consumption; 

•increasing scrutiny of environmental, social and governance (“ESG”) matters; and 

•the price, availability and use of alternative fuels and energy sources. 

Manufacturing and transportation of key equipment may be dependent on open global supply chains. Supply chain issues could negatively impact deployment schedules. 

Our customers and the projects they develop will be reliant on equipment supplied by a core group of key global suppliers, generally including, but not limited to, air separation units, heat exchangers, control systems, piping, valves, fabricated modules and rotating turbomachinery. Global supply chain disruptions have affected, and may continue to affect, both the availability and cost of raw materials, component manufacturing and deliveries. These disruptions may result in delays in equipment deliveries and cost escalations that could adversely affect our business. While we expect to take steps to minimize the impact of these increased costs by working closely with our suppliers and customers, global supply chain disruption may deteriorate and such disruption compounded by increasing inflation could adversely affect our business, financial condition, results of operations and cash flows. Moreover, any material disruption in the supply chain could delay our commercialization efforts, potentially causing us to delay the launch of our first utility-scale plant and of subsequent commercial plants later than expected or to begin licensing our technology later than expected. 

Suppliers of key equipment to our future customers may not be able to scale to the production levels necessary to meet the anticipated growth in demand for our technology, and such inability could negatively impact our business and financial plan. 

We do not have manufacturing assets and our future licensees may not have manufacturing assets, and thus we rely, and our future