August 2007

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Hydrogen is one of the renewable energies targeted by the electric utility Progress Energy Florida in its request for renewables (RFR) to expand its renewable portfolio, to provide cost-effective renewable energy for its customers and to offset the need for new plants. The company, based in St. Petersburg, FL says to be considered projects must employ renewables such as hydrogen, biomass, solar, geothermal, wind, ocean energy, hydroelectric power, or waste heat from a commercial or industrial manufacturing process; be located in Florida; be fully operational by Jan. 1, 2013; sell its electrical output to Progress Energy Florida at a cost equal to or below the cost to build new power plants, and be capable of producing at least 1 MW of electric capacity in a predictable and reliable manner. The company will consider smaller projects under certain conditions. Progress Energy also wants to expand its solar program and is seeking prices for photovoltaics - the company will launch a PV program for schools this month - as well as for its solar-thermal water-heating initiative for residential customers. For details, visit
http://www.progress-energy.com/renewables.

Contact: Progress Energy Florida website, www.progress-energy.com/