Alter Nrg Corp. announces regulatory approval of Somerset Station Gasification retrofit

    TSXV - NRG

    CALGARY, Jan. 25 /CNW/ - Alter Nrg Corp. ("Alter Nrg" or the "Company")
is pleased to announce that the Somerset Generating Station ("Facility") has
received conditional approval from the Department of Environmental Protection
of the Commonwealth of Massachusetts for proposed modifications using the
Alter Nrg-owned Westinghouse Plasma Gasification System. The Facility is owned
and operated by NRG Energy, Inc. (NYSE:   NRG) which has an exclusive license to
the Alter Nrg Plasma Gasification technology as described in the April 26,
2007 press release.
    NRG Energy's Somerset Station currently produces 120 megawatts (MW) from
coal combustion and has received conditional approval to modify the existing
boiler and install a Plasma Gasification reactor system to gasify coal and
biomass to create syngas which will then fuel the modified power generation
equipment. The Company has an agreement with NRG Energy to provide the Plasma
Gasification System to be used in the retrofit and has an option to
participate, at its sole discretion, from a 10 to 25% equity interest in the
    Plasma gasification technology offers an environmentally responsible
solution for older power plants and works with numerous feedstock material
including solid biomass, coal, and construction and demolition waste.
Retrofitting coal fueled facilities using Alter Nrg's Plasma Gasification
system is expected to reduce harmful air emissions below US environmental
guidelines, with reductions of up to 60% of nitrogen oxides (NO(*)) and up to
95% of mercury and sulfur dioxide (SO(2)). Reductions in greenhouse gas
emissions from retrofitted facilities are possible by combining biomass into
the feedstock to displace the need for coal and further reduction may be
possible with the future add-on of carbon capture and sequestration
    The approval for NRG's Somerset Facility is conditional upon meeting the
agreed upon emissions profiles and various performance standards throughout
the retrofitting process. The Department of Environmental Protection comments
that "the conditional approval includes limitations on the facility's CO(2)
emissions significantly more stringent than the (current) requirements."
    The conditional permit is not subject to further review; however, the
project itself is subject to NRG Energy management approval. If NRG Energy
moves forward with this project, any Alter Nrg investment is subject to due
diligence. Any decision by Alter Nrg to exercise its option to invest would be
conditional upon such factors as the Company's ability to raise capital to
finance its investment, as well as Management's view on the desirability of


    Alter Nrg is pursuing alternative energy solutions to meet the growing
demand for environmentally responsible energy in world markets. The Company's
vision is to become a North American leader in the development of innovative
gasification projects for the commercial production of energy. The Company's
objective for the next decade is to utilize our commercially proven plasma
gasification technology to become a senior energy producer of hydrogen,
syngas, and transportation fuels (diesel, naphtha, ethanol, etc.), steam and
electricity, all of which are fundamental products for the world's growing
energy needs.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

    Advisory Respecting Forward-Looking Statements:

    This news release contains certain forward-looking information and
statements within the meaning of applicable securities laws. The use of any of
the words "expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "believe", "plans", "intends",
"confident", "might" and similar expressions are intended to identify
forward-looking information or statements. In particular, but without limiting
the foregoing, this news release contains forward-looking information and
statements pertaining to the following: currency exchange rate fluctuations;
environmental risks; unanticipated reclamation expenses; ability to finance;
risk of obtaining regulatory approvals; ability to find joint venture
partners; engineering and design risk; fluctuation in commodity prices and
other expectations, beliefs, plans, goals, objectives, assumptions,
information and statements about possible future events, conditions, results
of operations or performance. Various assumptions were used in drawing the
conclusions or making the projections contained in the forward-looking
statements throughout this news release.
    The forward-looking information and statements included in this news
release are not guarantees of future performance and should not be unduly
relied upon. Forward-looking statements are based on current expectations,
estimates and projections that involve a number of risks and uncertainties
including but not limited to: unexpected events during construction, and
start-up; variations in feedstock grade,; delay or failure to receive board or
government approvals; timing and availability of external financing on
acceptable terms; conclusions of economic evaluations; changes in project
parameters as plans continue to be refined; future prices of commodities;
failure of plant, equipment or processes to operate as anticipated; delays in
the completion of development or construction activities, as well as those
factors discussed in or referred to under the heading "Risk Factors" in the
Company's Prospectus dated April 10, 2007 available at which
could cause actual results to differ materially from those anticipated and
described in the forward-looking statements. Such information and statements
involve known and unknown risks, uncertainties and other factors that may
cause actual results or events to differ materially from those anticipated in
such forward-looking information or statements.
    The Company cautions that the foregoing list of assumptions, risks and
uncertainties is not exhaustive. The forward-looking information and
statements contained in this news release speak only as of the date of this
news release, and the Company assumes no obligation to publicly update or
revise them to reflect new events or circumstances, except as may be required
pursuant to applicable securities laws.

For further information:

For further information: Mark Montemurro, President and Chief Executive
Officer, (403) 806-3877,; Daniel Hay, Chief Financial
Officer, (403) 806-3881,; Investor Relations, (403) 806-3875,

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Alter NRG Corp.

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