CIN Cinergy Corp

The U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) have awarded BP Global Power Corp., a wholly owned subsidiary of BP p.l.c. (NYSE:BP) (LSE:BP) and Cinergy Solutions, an affiliate of Cinergy Corp. (NYSE:CIN), with the 2005 ENERGY STAR(R) Combined Heat and Power Award for the important pollution reduction and energy-efficiency impacts of their South Houston Green Power (SHGP) combined heat and power project in Texas City, Texas. This project also received the 2003 EPA Combined Heat and Power Certificate of Recognition. Cinergy Solutions operates the existing steam and electric generating facility at BP's refining and chemical complex in Texas City. The project included decommissioning heat and power equipment that did not meet today's standards, which allowed Cinergy Solutions to switch the gas turbine and boiler from independent operation to run as a combined heat and power (CHP) unit. In addition, SHGP constructed, owns and operates a state-of-the-art natural gas cogeneration project at the site. Built through a joint venture between Cinergy Solutions and BP, the plant enables BP to reduce its nitrogen oxide emissions by 53 percent at Texas City. Operating at nearly 78 percent efficiency, this outstanding example of CHP uses 33 percent less fuel than typical onsite thermal generation and purchased electricity resulting in annual CO2 reductions of approximately 1.94 million tons.(1) BP was the first major energy company to support its State Implementation Plan target reductions in an effort to bring the Houston region air quality standards into federal Clean Air Act Compliance. "We are pleased to collaborate with BP -- a leader in sustainable energy practices," said Steve Harkness, President of Cinergy Solutions. "This project is a good example of the effectiveness of CHP and we are delighted about this recognition from the EPA and the DOE." "This project is tangible evidence of BP's commitment to work with others towards a sustainable environment. Together with Cinergy Solutions, the State of Texas, the City of Texas City and Galveston County, among others, we must work to build trust through relationships based on 'mutual advantage' -- relationships that bring benefits to everyone concerned," said Chris Hunt, President of BP Global Power Corp. "We want to thank each of these parties for their contributions to this project." The ENERGY STAR(R) Combined Heat and Power Award will be presented to representatives of Cinergy Solutions and BP Global Power at the 6th International Combined Heat and Power and Decentralized Energy Conference on October 26, 2005 in New York City. Combined Heat and Power is a clean, efficient and reliable means of generating power and thermal energy simultaneously from a single fuel source. Installing a CHP system to meet thermal and electrical needs can increase operational efficiency and decrease energy costs, while reducing emissions of air pollutants and greenhouse gases, such as carbon dioxide, that contribute to the risks of climate change. The U.S. EPA supports combined heat and power because it is more energy efficient and has fewer emissions than separate heat and power. CHP systems typically achieve effective electrical efficiencies of 50 percent to 70 percent, compared to 33 percent for fossil-fueled power plants. About Cinergy Solutions Cinergy Solutions, an affiliate of Cinergy Corp. (NYSE:CIN), one of the largest diversified energy companies in the US, currently manages over 5,350 MWs of power generation and offers a complete range of energy solutions from on-site supply and energy conservation to renewable energy and maintenance of high-voltage electric and gas infrastructure. Cinergy Solutions' award-winning team of energy supply experts specializes in reducing energy costs, lowering emissions, conserving energy and improving efficiency for large energy consumers, municipalities and industrial facilities including Kodak, Procter & Gamble, General Motors and BP. Cinergy Solutions is dedicated to delivering excellence through innovative energy solutions from complete utilities outsourcing to custom design, construction, operation and maintenance of cogeneration and district energy facilities. About BP Global Power BP Global Power Corp. is part of BP p.l.c., one of the world's largest energy companies, providing its customers with fuel for transportation, energy for heat and light, retail services and petrochemicals products for everyday items. BP's main activities are the exploration and production of crude oil and natural gas; refining, marketing, supply and transportation; and the manufacture and marketing of petrochemicals. BP is also the largest producer and marketer of natural gas in the US and one of the world's leading solar energy companies. (1)Calculated by the EPA CHP Partnership from data submitted on the Energy Star CHP application. ENERGY STAR(R) is a registered trademark owned by the U.S. EPA. For more information about EPA's CHP Partnership visit www.epa.gov/chp.