World Energy Launches World Green Exchange, an Auction Platform for Environmental Commodities

    Launch based on momentum from series of auctions for green power,
    renewable energy certificates (RECs), verified emissions reductions
    (VERs) and carbon emission offsets

    WORCESTER, MA, Feb. 20 /CNW/ - World Energy Solutions, Inc. (TSX: XWE),
the leading operator of online exchanges for energy, today announced the
official launch of the World Green Exchange, an auction platform for
environmental commodities.
    Since 2003, World Energy has transacted nearly 1 billion kilowatt hours
of green power over its award winning World Energy Exchange. Seeing the need
for an auction platform for environmental commodities, World Energy has
adapted its World Energy Exchange auction technology and proven process to
create a trusted and transparent marketplace in which to buy or sell green
power, RECs, VERs and carbon offsets - the World Green Exchange.
    In past months, World Energy has successfully completed several
pioneering transactions in the renewable energy, green credit and carbon
markets space:

    -   Green power - A reverse auction for renewable energy yielded a
        17 percent greening of the State of Connecticut's overall energy
        portfolio, causing the EPA to cite the state government as one of the
        greenest in the country.

    -   Renewable Energy Certificates - For a Midwest utility, World Energy
        sourced RECs at an 8% discount to the utility's price target.

    -   Solar Renewable Energy Certificates - MMA Renewable Ventures ran a
        forward auction for 1500 solar renewable energy certificates, earning
        a premium over prevailing bid-ask prices.

    -   Voluntary Emission Reductions - Atmosclear, an organization committed
        to providing offsets to help consumers and businesses reduce their
        contribution to global warming, was able to sell 75,000 metric tonnes
        of VERs at a 20% premium in a forward auction.

    -   Carbon emission compliance - Verdant Energy, a leading Canadian power
        supplier, auctioned off 80,000 metric tonnes of carbon offsets under
        the recently established Alberta Offset System - the first
        compliance-based auction of carbon offsets in North America. The
        forward auction yielded a price significantly higher than prices
        quoted to Verdant before the auction.

    Commentary & Quotes:

    Rich Domaleski, CEO, World Energy Solutions

    "World Energy recognizes the need for structured auction events in this
nascent market. In illiquid and opaque markets, the World Energy auction
process has achieved better results than traditional methods such as
bilaterally-brokered transactions, bid-ask exchanges or paper RFPs. The World
Green Exchange provides a superior price discovery mechanism by enabling
buyers and sellers to see what the market will command in real time, thus
allowing the true forces of market competition to deliver the efficient
pricing result."

    Robert Genuario, Secretary, State of Connecticut (Commenting in
    October 18, 2007 announcement for renewable energy auction)

    "The World Energy Exchange and their team of knowledgeable industry
experts provided even more value than we had anticipated. We were especially
pleased with the aggressive pricing we received for green power and given the
success of this first procurement, we look forward to leveraging World Energy
again to address other energy needs."

    Sid Embree, Atmosclear (Commenting in December 14, 2007 announcement
    around verified emission reductions)

    "We chose to work with World Energy because of its ability to quickly
bring verified emission reductions into an online auction environment. The
platform is an easy to use tool for sellers of emission reductions who want to
find buyers."

    Hal Hamilton, Founder, Verdant Energy (Commenting in January 23, 2008
    announcement concerning first North American online auction for carbon
    emissions compliance)

    "This auction far exceeded our expectations. Initially we were skeptical
as to whether an auction would work, since the market for carbon offsets and
emissions reductions transactions is still emerging. World Energy certainly
delivered. They gave us a real time view into pricing, vetted the bidders, set
up the transaction and ultimately delivered significant revenue to our bottom


    View our flash presentation on the World Green Exchange
    Visit our Green Blog

    About World Energy Solutions, Inc.

    World Energy operates leading online exchanges for energy and
environmental commodities. Our proven approach provides market intelligence,
promotes liquidity, and creates price transparency for all market
participants, enabling our customers to transact with confidence and to seek
the best possible price. To date, the company has transacted over 40 billion
kwh of electricity, 700 million kwh of green power and Renewable Energy
Certificates (RECs) and one trillion cubic feet of natural gas. For more
information, please visit

    This press release contains forward-looking statements that are subject
to risks and uncertainties that could cause actual results to differ from
those indicated in the forward-looking statements. Such risks and
uncertainties include, but are not limited to: our revenue is dependent on
actual future energy purchases pursuant to completed procurements; the demand
for our services is affected by changes in regulated prices or cyclicality or
volatility in competitive market prices for energy; we depend on a small
number of key energy consumers, suppliers and channel partners; there are
factors outside our control that affect transaction volume in the electricity
market; and there are other factors identified in our Annual Report on Form
10-K and subsequent reports filed with the Securities and Exchange Commission.

For further information:

For further information: Investor Relations, Phil Adams, World Energy
Solutions Inc., (508) 459-8100,; or Craig Armitage, The
Equicom Group, (416) 815-0700 x 278,; Media
Relations, Julie Crotty, Horn Group, Inc., (617) 431-1027,

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