Speaker 3
where we're taking the boiler and the turbine and matching that up with a combustion turbine at a later date, the combination of all three of those puts us on a heat rate that's not much worse, if you will, than a combined cycle plant. So when you look at the overall efficiency aspect of those, we're pretty in line or pretty close, but we're providing power. I think the other key factor is, and we don't talk about this enough, but if it's just a standard combustion turbine with a herzig and a steam turbine under a combined cycle concept the reliability of that is a little bit less one you know it's well known combustion turbines are not quite as reliable as steam the second aspect of it is if the combustion turbine goes out of service that entire amount of electricity is is gone when you have a turbine as boiler slash herzig would be creating 100 megawatts. When one goes out, you still have 50 operating. In a normal combined cycle world, when that combustion turbine goes down for maintenance, you've lost the entire amount of electricity being produced. So you gain much more reliability. You gain three to five years faster to market on a speed standpoint from a power standpoint. And like I said, the efficiency and heat rate from a levelized cost of electricity is pretty close. So a lot of advantages there um on that you know having said that our customers continue to put pressure on us to go faster and faster and um you know we continually annualize or um you know we're excited about where we are and obviously you know getting a few of these all right thank you i'll turn it over your next question comes from the line of aaron flychalla with craig hallam capital group your line is open please go ahead yeah hi kenny and cameron thanks for taking the questions um
You know, maybe first for us, just on supply chain, can you just kind of speak to, you know, confidence in, you know, your ability to meet the growth that you're seeing from this first project and kind of additional project? You talked a little bit about labor and obviously kind of ordering some of these turbines.
Speaker 3
Can you just kind of talk about, you know, any investments needed there and just confidence in that growth? yeah so we we do continue to work as we you know mentioned previously when we look at the various opportunities we have different manufacturing on over for a second we have different manufacturers and manufacturing processes that we rely on both some of that's internal to ourselves some of that is third party related as well where we can shift you know different boiler sizes into different manufacturing facilities so it gives us the ability to take on more and more project work as BMW has been doing that for quite some time and that's not any different as it relates to these opportunities so we're you know we feel like that we have that kind of flexibility and capacity you know we'll continue working with them also the not only the volume obviously speed to getting this on site is really really important you know on on base electrons case as you know mentioned we're ahead of where we planned and all of our manufacturing on the large long lead time items are producing on schedule and you know so that that project's on track overall with them you know as we mentioned the biggest component making sure that we have access to besides the boiler is the steam turbine especially for these initial projects where the combustion turbine would be added at a later date and we obviously have a very close relationship with Siemens and you know continue to do so there. And we wanted to move ahead and invest in these next gigawatt worth of steam turbines. And so that reservation has been secured on that and ready in the next 12 to 14 months on those turbine units. And the relationship there is good not only from a supply chain standpoint, but from payment terms standpoint on the financial side as well. And we continue to work with them on, you know, the evolution of the turbine and, you know, other aspect of efficiencies from an output standpoint, but also efficiencies from a time-to-market standpoint. So those are, you know, two characteristics that we're focused on. But that's on those two major areas. When you look at, you know, the other aspect you mentioned is on labor, and that's an area that we would continually keep a very close eye on, on the availability of, I would say, highly skilled labor. you know it's one to have a workforce two that workforce has to be highly skilled especially in these high pressure wells in those particular areas and we're working very close with the various unions on that front aligned mobility that we need when we need it you know in particular on base as we move into construction next year we have been working very close with the unions to be ready to have projects and quality welders and moving them through time in the industry but But any time you have this massive amount of growth in the marketplace, especially here in the United States, it puts pressure to make sure that we're planning on those resources equally as well as the manufacturing side as well, too. So we're staying on top of it. And I feel like we've accomplished a lot over the last quarter and have put us in a good direction going into next year.
Got it. Thanks for the color. And then you kind of referenced a feed study at a coal plant announcement here this past quarter. Can you just give a little bit more detail on what that pipeline, you know, what that opportunity, what the kind of pipeline looks like? Any thoughts on kind of timing and next steps there?
Speaker 3
Yeah, we're working close on the feed. Obviously, the feed is going through the whole, you know, front-end engineering design aspect of the plant flows, you know, power flows, everything else associated with that. you know, normal course on that particular piece. There's a lot of involvement with the DOE on that particular project, and, you know, we're working very close with them as well, too. So it's going through its process, and, you know, TerraSpark is working to approach on the process and, you know, looking at different options on how to structure goals on that piece. But we're excited to be a part of that. I can tell you from an employee perspective, we've got a lot of employees that never in the light of day building a coal plant here with them and working with them on on getting this done so i you know it's too soon to anticipate quite yet like how we forecast out revenues associated with that project and when past the the feed study but um it's you know actively involved and engaged and we'll just have to see how it goes from here okay thanks for that and then maybe one last one for me just on um climate bright you kind of mentioned um i think 2027 you know can you just kind of talk about next steps there maybe what that pipeline um looks like as we think about growth and getting that project up and running yeah so well first on the on the masslin project um and i haven't had i assume our presentation's up by now but on the project you'll see some pictures of fabrication of the the fuel reactors on bright loop that'll be going in that location uh on the commercial aspect of that there's um we've got a lot of you know interest from hyperscalers and others you know even oil companies as it relates to to bright loop and that commercial demonstration of that particular project so um you know we've obviously accomplished i think for the most part all of the funding necessary to get that in the ground and so we're we'll begin construction on site that That will, you know, Bright Loop is, and they can also just do steam. And so we, that scale up is, when we look at both the West Virginia project as well as the Wyoming project from coal with isolated and used for enhanced methane recovery or enhanced, our opinion is still has the high growth capabilities. And if we had, you know, honestly, I'll just make the statement, if we had Maslin in the ground, you know, two, three years ago, but, you know, if we had that commercial project done and moving on to larger projects i think there's a lot of hyperscalers today that would be in discussions about buying utilizing bright loop for power generation because of its co2 treatment capabilities whether it's captured co2 and sequestered or whether it's used for other enhanced purposes but um data centers and ai infrastructure so um you know we're obviously still in a good position you know we we don't see an end to the power generation demands coming from AI and data centers, despite what the public markets have been stating. The demand continues not only here, but worldwide. And I think we're hopefully poised with the company to leverage that. We'll be looking at bookings in 28, 29, 30, as we previously discussed, other Climate Bright applications, such as our oxy-combustion or post-combustion technologies as well.
Seems like it. Thanks for taking the questions. I'll turn it over.
Speaker 1
We have reached the end of the Q&A session. I will now turn the call back to Sharon Brooks for closing remarks.
Speaker 0
Thank you for joining us. This concludes our conference call. A replay will be available for a limited time on our website later today.
Speaker 1
This concludes today's call. Thank you for attending. You may now disconnect.