Carbon Emissions Savings

Alkane Energy PLC
23 May 2007


For Immediate Release                                                23 May 2007



                               Alkane Energy plc


       Verification Process Started for Alkane's Carbon Emissions Savings

Alkane Energy plc (AIM: ALK), a world leader in renewable electricity generation 
technology, is pleased to announce that it has signed a contract with Dutch 
emissions trading company Carbon-TF B.V. to verify its current and historic 
emissions savings from the capture and use of coal mine methane from post mining 
activities.

TUV Nord, a world leader in emissions measurement and accredited by the UNFCCC 
(United Nations Framework Convention on Climate Change), has started an 
investigation into the verification of Alkane's data on methane capture, 
collected as a matter of 24/7 routine at its plants.  The objective is to verify 
all or part of Alkane's last 7 years' emissions savings, which total several 
million tones of carbon dioxide equivalent.  Once verified, Carbon-TF would trade 
these Verified Emissions Reductions (VERs) on Alkane's behalf for an agreed 
commission.

VERs are actual emissions reductions generated by the capture of damaging 
greenhouse gases, especially methane, and they are purchased by international 
companies that emit large quantities of greenhouse gases in order to reduce 
their carbon footprints.

Commenting on the development, Cameron Davies, Chief Executive of Alkane, said:

'The recognition by Carbon-TF of Alkane's emissions savings - and its agreement 
to trade our VERs - provides the opportunity for future income for the business, 
as Alkane grows its numbers of plants in operation.'

Editors Note

Methane is a potent greenhouse gas with a net global warming potential 18.25 
times that of carbon dioxide.  The practical effect of this in terms of 
emissions trading is that capturing 1 tonne of methane produces 18.25 emissions 
credits in comparison with 1 credit per tonne of carbon dioxide.

Enquiries:

Alkane Energy plc                   Buchanan Communications
Dr Cameron Davies, Chief Executive  Ben Willey, Associate Director
                                    Nick Melson, Account Manager
Tel: [phone]                   Tel: [phone]




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