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NET Power Withdraws MISO Interconnection Request, Explores Alternatives

Story Highlights
  • NET Power withdrew its MISO interconnection request after projected network upgrade costs surged.
  • The company is keeping its northern MISO site lease and exploring other clean power options without major financial impact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NET Power Withdraws MISO Interconnection Request, Explores Alternatives

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NET Power ( (NPWR) ) has provided an announcement.

On December 29, 2025, NET Power Inc. notified the Midcontinent Independent System Operator that it would withdraw its request for interconnection after updated MISO information showed significantly higher expected network upgrade costs for the proposed project. The company continues to hold its site lease in the northern MISO region and is now evaluating alternative ways to develop clean firm power generation at that location, while indicating that it has not capitalized significant costs on the interconnection request and does not expect the withdrawal to have a material adverse effect on its financial condition or operating results.

The most recent analyst rating on (NPWR) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on NET Power stock, see the NPWR Stock Forecast page.

Spark’s Take on NPWR Stock

According to Spark, TipRanks’ AI Analyst, NPWR is a Neutral.

NET Power’s overall stock score reflects significant challenges in financial performance and valuation, with ongoing losses and negative cash flow. Technical indicators suggest a bearish trend, although the earnings call indicates strategic initiatives that could improve future prospects. The company’s strong equity position provides some stability, but operational and profitability improvements are crucial.

To see Spark’s full report on NPWR stock, click here.

More about NET Power

NET Power Inc. operates in the energy and power generation industry, focusing on developing clean, firm power generation facilities that aim to provide low-emission electricity while maintaining reliability. The company targets utility-scale projects, including sites within regional transmission organizations such as the Midcontinent Independent System Operator (MISO).

Average Trading Volume: 1,719,896

Technical Sentiment Signal: Sell

Current Market Cap: $557.6M

Find detailed analytics on NPWR stock on TipRanks’ Stock Analysis page.

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