CPWY Clean Energy Pathways Inc (CE)

A new line of custom-blended biofuels is being introduced by Clean Energy Pathways, Inc. (Pink Sheets:CPWY) for use as a Btu-substitute in coal-fired utility and commercial boilers, or for use in diesel-powered equipment. Available as B20, B100 or other custom blends, the new fuels substantially reduce SOx, CO2 and fly ash, as well as the efficiency-robbing buildup of slag and soot that forms on boiler tubes at startup. The fuels meet the EPA's RFS2 mandate for use of renewable fuel, and create carbon tax credits. They also qualify for the Renewable Electric Producer Tax Credit at 2.2 cents per kilowatt, or 22 cents per gallon based on 10 kilowatts per gallon. Tested as a coal substitute in a circulating fluidized bed boiler, the new fuel reduced coal consumption by 10 percent, in turn reducing the sulfur dioxide and CO2 emissions from coal by 10 percent.

"Emissions from burning the fuel are acceptable under current regulations because it is a renewable energy source," said Greg Clemons, CEO of Clean Energy Pathways. "The emission reduction also mitigates risk from lawsuits by neighboring states over cross-border air pollution."   "Our fuels utilize the highest quality feedstocks and meet all ASTM specifications," he added. "We can provide various blends to meet a wide range of applications on power plant sites."

The water-soluble B100 fuel is environmentally friendly and reduces the risk of costly hazardous-material cleanup. With 50 percent higher Btu content per cubic foot than PRB coal, the new biofuels are space-efficient for storage. Biofuels are also not prone to moisture in the fuel, as happens with outdoor storage of coal, so the Btu content is consistent.

For additional information on Clean Energy Pathways biofuels, contact Gregory Clemons at: gclemons@cepathways.com.

The Clean Energy Pathways, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=9449

CONTACT: Gregory Clemons
         Clean Energy Pathways
         Tel:  906.370.8164 or 334-791-9418
         gclemons@cepathways.com