Tests Show Eden Energy's Hythane(R) Fuel Will Lower India's Electricity Costs

  
    
  
  
    
      Eden Energy 
      Ltd. today announced results of a test project for the Indian 
      electricity market showing that a 400kW Cummins diesel generator can run 
      on a mixture of Hythane® and diesel fuel to 
      reduce the cost of electricity production from 10.97 to 6.5 Rupees per 
      kilowatt hour (USD $0.26 to $0.15 per kWh). The savings result from a 
      78% reduction of diesel in the fuel mix.
    
    
      In tests performed at Eden’s Hythane Company 
      test facility in Colorado, US, a dual fuel kit was developed to enable 
      the generator to run on a combination of petroleum diesel and either 
      natural gas or Hythane®. The natural gas and 
      diesel mixture also showed a significant cost decrease (USD $0.26 to 
      $0.21 per kWh). Savings were calculated using recent prices for natural 
      gas and petroleum diesel in India. Hythane® is 
      an optimal blend of natural gas and hydrogen that is cheaper and cleaner 
      than petroleum diesel or natural gas.
    
    
      “These preliminary results are extremely 
      encouraging and exceed our expectations for reducing the cost of 
      electricity production for the Indian market using natural gas or Hythane®,” 
      said Greg Solomon, CEO of Eden Energy. “With 
      the price of natural gas about 60% cheaper than diesel fuel, India can 
      obtain significant savings when thousands of generators convert to the 
      dual fuel operation.”
    
    
      Development work on the dual fuel generators is to be completed in the 
      next two months. Pilot projects in India using the Hythane® 
      dual fuel kit will begin by October 2008. Eden Energy will supply both 
      the dual fuel conversion kits and the Hythane® 
      production equipment to the Indian market, collaborating with generator 
      manufacturers to reach their existing customers. Eden anticipates sales 
      of these products will increase rapidly due to the dramatic cost savings 
      in electricity production.
    
    
      About Eden Energy
    
    
      Eden Energy Ltd (ASX:EDE) is a diversified clean energy company 
      providing global alternative energy solutions. The company focuses on 
      producing, storing, and delivering hydrogen to market to power 
      hydrogen-based transportation. Hydrogen technologies developed and 
      marketed by Eden include Hythane®, a near 
      zero emissions alternative fuel; HyRadix® 
      on-site hydrogen generation systems and supply solutions; and Eden 
      Cryogenics, cryogenic and vacuum systems and equipment.
    
    
      For more information, visit www.edenenergy.com.au 
      or http://www.hythane.com.