I Love NY Energy Launched at Power-Gen International 2004 New Initiative Joins Together Leaders from Industry, Academia, and Government

to Promote and Support New York's Thriving Energy Community



    ORLANDO, Fla., Dec. 1 /PRNewswire/ -- I Love NY Energy, an initiative
 committed to promoting New York State's growing energy industry, was
 officially launched today at Power-Gen International, the world's largest
 power generation conference.
     The first initiative of its kind in the nation, I Love NY Energy was
 founded to promote awareness of the advantages of starting, growing and
 building energy-related companies in New York State.  Coordinated by
 representatives from industry, higher education and economic development and
 government organizations, I Love NY Energy will hold its inaugural reception
 this evening at the Orange County Convention Center, Orlando, room S230D at
 5 p.m.
     "The application of exciting new technologies, from photovoltaics to fuel
 cells, means that energy-related companies of all sizes will be changing
 rapidly over the next decade," said Pradeep Haldar, Ph.D., founder of I Love
 NY Energy and director of the Energy and Environmental Technology Application
 Center (E2TAC) at Albany NanoTech, one of the world's largest centers for
 nanotechnology R&D.  "Our goal is to ensure New York energy companies are well
 positioned to leverage these new technologies, while nurturing and supporting
 start-up energy companies that seek to bring more innovation to New York
 State."
     "New York State's commitment to industry and history of innovation
 provides energy companies like Plug Power with a clear competitive advantage,"
 said Mark Sperry, Chief Marketing Officer at Plug Power, Inc. in Latham, NY.
 "By working together through common initiatives like I Love NY Energy, we
 enhance cooperation within New York State's thriving energy community, while
 promoting the region to the outside community."
     Haldar, professor of nanoscience at Albany NanoTech's College of Nanoscale
 Science and Engineering at UAlbany, conducts research with industrial partners
 to employ nanotechnology to energy and environmental research.  E2TAC has
 ongoing collaborations with many New York-based energy companies, including
 Plug Power, Blasch Precision Ceramics, GE Global Research and Daystar
 Technologies.
     "New York State energy companies enjoy a great competitive advantage in
 the strong support they receive from the state's elected officials, including
 Governor George Pataki, Senator Charles Schumer, Congressman John Sweeney and
 Assembly Speaker Sheldon Silver.  That support has been instrumental to
 keeping New York State on the cutting edge of energy-related technology -- to
 the benefit of the entire community," Haldar added.
     The inspiration for I Love NY Energy came from two existing organizations:
 
 I Love NY Nanotech and New Energy New York.  Founded in 2003, the successful I
 Love NY Nanotech initiative promotes the development of nanotechnology-related
 business and research in New York State.  Its membership currently includes
 over 40 companies and organizations.
     New Energy New York is a coalition of regional energy technology
 organizations convened to expand and promote energy technology excellence
 throughout New York's Hudson "Tech" Valley corridor.  The task force grew out
 of a forum hosted by Senator Schumer in December of 2002 to explore how the
 region's high-tech companies could interact to address energy-related
 technology issues.
     The over 50 New York State energy companies participating in Power-Gen
 International will meet delegates from U.S. Commercial Service offices in over
 30 countries.  The international delegates are attending the show through the
 auspices of the U.S. Commercial Service's International Buyer Program and have
 been invited to the reception to facilitate networking between the New York
 companies and potential international buyers.
     In addition to Albany NanoTech, coordinators of the I Love NY Energy
 initiatives include U.S. Commercial Service, Empire State Development, the New
 York State Energy Research and Development Authority (NYSERDA), and the Center
 for Economic Growth, Company sponsors for the reception include EOne Utility
 Systems, Greno Industries, MSE Power Systems Inc., and Plug Power, Inc.
 (Nasdaq:   PLUG)
 
 

SOURCE I Love NY Energy

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