World Energy Solutions Administers Nation's First Carbon Emissions Allowances Auction for the Regional Greenhouse Gas Initiative

    WORCESTER, MA, Sept. 30 /CNW/ - World Energy Solutions, Inc. (TSX: XWE)
today announced it has successfully administered the first-in-the-nation
auction for carbon dioxide (CO(2)) emissions allowances on behalf of the
Regional Greenhouse Gas Initiative (RGGI). According to RGGI, Inc., 12,565,387
allowances were sold at the auction at a clearing price of $3.07 per
allowance, netting the six RGGI states that offered allowances in this
pre-compliance auction $38,575,783 in proceeds. The auction occurred on
September 25, 2008.
    In a previously released statement, Pete Grannis, Commissioner of the New
York State Department of Environmental Conservation and Chair of the Regional
Greenhouse Gas Initiative, Inc. said: "The 10 RGGI states have demonstrated
great leadership in coming together to offer this first carbon cap-and-trade
system, and the smooth completion of the initial auction is proof that the
RGGI is leading the nation in the battle against climate change. RGGI's
example shows that an open and competitive carbon market can be implemented."
(The complete RGGI, Inc. press release can be read at:
    Added Jonathan Schrag, Executive Director of the Regional Greenhouse Gas
Initiative, Inc.: "We are grateful that the auction administered by World
Energy Solutions ran flawlessly and that the monitoring conducted by Potomac
Economics concluded that the auction was robust. We are very fortunate to have
two top-notch firms administering and overseeing our auctions."
    "We are honored to be part of this historic and seminal event," said
Richard Domaleski, CEO of World Energy. "I am very proud of our team and the
performance of our award-winning World Green Exchange(R)."

    About World Energy

    World Energy Solutions, Inc (TSX: XWE) operates online exchanges for
energy and green commodities. For buyers of electricity, natural gas,
capacity, and green energy assets who are impacted by today's volatile
markets, World Energy's proven approach has transformed the normally complex
procurement process into a powerful, streamlined vehicle for cost savings. In
addition to enabling customers to minimize pricing on traditional energy
commodities, World Energy is taking a leadership position in the emerging
environmental commodities markets. To date, the company has transacted nearly
one billion kWh of green power and RECs as well as a variety of mandatory and
voluntary carbon credits. Its award-winning World Green Exchange(R) powers the
ground-breaking Regional Greenhouse Gas Initiative's (RGGI) cap and trade
program for CO2 emissions. 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 x278,; Media
Relations: Dan Mees, World Energy Solutions, Inc., (508) 459-8156,

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