Clean Energy Award Win

Ceres Power Holdings plc
13 December 2007


                            Ceres Power Holdings plc
                    ('Ceres', 'Ceres Power' or the 'Company')
                                        
         Ceres Power and British Gas jointly win new clean energy award

Ceres Power, the AIM-quoted fuel cell group, and British Gas, the largest 
energy supplier in Britain's domestic market, have jointly won the Rushlight 
Hydrogen and Fuel Cells Award, a major new award for clean energy innovation.

The two companies won the award at a ceremony on 10th December 2007, for their 
collaboration on combined heat and power (micro-CHP) systems for small-scale 
residential microgeneration.  The work, which started in August 2005, recently 
resulted in the demonstration of a wall mountable fuel cell micro-CHP unit, 
integrating in a single unit the fuel cell and all other components to provide 
heating, hot water and electricity to the home.  This micro-CHP technology is 
thus able to replace existing home boilers, with potential for mass market 
adoption by 14.5 million UK households.

The Government recently published its Microgeneration Strategy, which 
highlighted the potential for microgeneration to provide up to 30-40% of the 
UK's total electricity needs.  Fuel cell micro-CHP could significantly reduce 
residential carbon emissions and energy costs through efficient generation of 
electricity and heat at the point of use in the home. However, the sector has 
been awaiting commercially viable products suitable for domestic installation, 
brought to market via a strong consumer brand.

Ceres and British Gas have been addressing these needs through their 
collaboration on the design, build and evaluation of fuel cell micro-CHP.  The 
technology has the potential to reduce a household's carbon emissions by up to 
50% or up to 2.5 tonnes of CO2 per year, and to lower annual energy costs by 
several hundred pounds.

Peter Bance, Chief Executive of Ceres Power, commented:

'We are proud to receive this award, which recognises the unique technology 
being commercialized, and the strength of the joint Ceres - British Gas team.  
We believe this innovation could make a major contribution to improving energy 
security and reducing household energy costs and carbon emissions.'

Gearoid Lane, Director of British Gas New Energy, commented:

'This prestigious award recognises the innovative product that our partnership 
is bringing to market.  It also recognises the unique combination of Ceres 
Power's technology and British Gas' market presence as Britain's biggest 
residential energy supply, installation and maintenance company. We're proud 
of what we've achieved so far and excited about the potential of our combined 
efforts to transform Britain's energy market.'

                                - ends -

For further information contact:

Peter Bance, Chief Executive Officer, Ceres Power   [phone]
Patrick d'Ancona / Charlotte Kirkham                [phone]
M: Communications


About the Rushlight Awards

The Rushlight Awards are designed to celebrate the significant achievements of 
UK and Irish technology, innovation and commerce in helping to address the key 
issues of climate change and waste management.

The awards seek to set out the substantial advances that have been made, to 
promote and support the organizations and their achievements so far and to 
inform consumers, investors and industry of the progress that has been made, 
the choices that now exist and the future investment opportunities that lie 
ahead.

Sponsors and partners of the inaugural Rushlight Awards include BT, Welsh Power 
and NESTA (National Endowment for Science, Technology and the Arts), whilst 
judges include individuals affiliated with DBERR (Department for Business, 
Enterprise and Regulatory Reform) and the IET (Institution of Engineering and 
Technology).

Further information can be found at http://www.rushlightawards.co.uk/




                      This information is provided by RNS
            The company news service from the London Stock Exchange