Lee Elder

Background

About Lee Elder

I’ve been blessed to have had success in a long and remarkably diverse career in engineering, project management, communications, government affairs and global business development. That experience included both the sale and execution of $Bs energy projects in the U.S. and around the world. Most rewarding is that the highlight of all of that came late in my career when, at age 63, became acquainted with NET Power, a completely unique, zero emissions technology for producing electricity from natural gas on a mega-scale with nearly 100% ‘inherent’ carbon capture (i.e: no post combustion processing required). Shortly thereafter, I raised the first $50M to enable NET Power, LLC to get on its feet; advance design validation and perform the first series of scale tests for the turbine’s combustor. Two years later I raised substantially more than that to fund entirely the construction of a 50Mwt demonstration plant in LaPorte TX that has proved conclusively the viability of the technology and continues to this day to support its commercialization. I then served on NET Power’s Board from 2014 until the company went public in June of 2023 and under the leadership of Danny Rice and a new Board. Throughout, the best parts were the amazing and exciting people with whom I got to work, whom I had the honor to lead and from whom I learned so much.