Environmental Power Corporation (EPGRQ)

[Golden Cross]

New York Times Discusses Microgy Projects in Manure-to-Energy Story
Wednesday July 5, 10:52 am ET
Coverage Provides Analysis of Growing Market for Anaerobic Digesters and Domestically Produced Energy


PORTSMOUTH, N.H., July 5 /PRNewswire-FirstCall/ -- Environmental Power Corporation (Amex: EPG - News), a leader in the renewable biofuels industry, today announced that its subsidiary, Microgy, Inc., has been covered in depth in the New York Times. The July 4, 2006 business story, titled "Tapping the Latent Power in What's Left Around the Barnyard," frames Microgy as a leader of the growing anaerobic digestion market.
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The story centers on the potential for domestic biogas to generate a significant portion of the country's needs. According to Agstar officials, "[At] least 70,000 dairy and swine farms are big enough to support a commercial digester and could collectively provide enough energy to power more than 560,000 homes, while keeping more than 1.4 million tons of methane out of the atmosphere."

As the Times article points out, Dairyland Power Cooperative already "is taking enough manure-generated electricity from Microgy projects in Wisconsin to power 1,800 homes, and John M. McWilliams, the utility's resource planner, said he hoped to have 30 digesters linked to his grid soon. Mr. McWilliams called manure-to-energy systems one of the few environmental technologies that can offer guaranteed supply and stable prices."

Growing numbers of power-generating digesters on farms in the Midwest may help to "transform the economics of rural America," according to Michael T. Eckhart, President of the American Council on Renewable Energy. Several farms, including Five Star Dairy, are already experiencing the benefits. Lee Jensen, the farm's general manager, said of his Microgy installed and operated digester, "We're not taking any risk, the reduction in odors is huge, and we're powering 600 homes with 900 cows. You've got to admit, that's pretty efficient."


The article is available online at
http://www.nytimes.com/2006/07/04/business/04manure.html.


ABOUT ENVIRONMENTAL POWER CORPORATION

Environmental Power Corporation is a developer, owner and operator of renewable energy production facilities. Its principal operating subsidiary, Microgy, Inc., holds an exclusive license in North America for the development and deployment of a proprietary anaerobic digestion technology for the extraction of methane gas from animal wastes for its use to generate energy. For more information visit the Company's web site at http://www.environmentalpower.com.