News | October 27, 2005

EPOD Announces Wind Power Storage Pilot Test

Kelowna, British Columbia - EPOD International Inc. a developer of advanced energy management technologies, announces the Company has entered into a pilot project with Canada's second largest wind power developer.

The Company has secured a pilot project with Canada's second largest wind power developer to test EPOD's proprietary power storage system, the EMT. The EPOD EMT Power Storage System has been developed specifically to store commercial volumes of electric power for later use or resale. The goal of the pilot is to utilize the EMT to capture and store up to 100% of wind power generated during off-peak periods for resale to the power grid during peak demand. By storing some or all of the wind power generated during off-peak periods when power prices are at their lowest, users are able to time the sale of this stored power to peak-periods when power prices may be ten-times that of off-peak. The storage of wind power in the EMT also allows wind power developers to offer guaranteed volumes of power at fixed times, known as ‘firm capacity'. The EMT accomplishes this through the use of the Company's patent-pending power management and power conversion technology.

"The EMT's ability to turn wind into a guaranteed source of power removes the single largest obstacle to the mass adoption of commercial wind power," said Mark Roseborough, EPOD President.

The Company estimates the worldwide market potential for wind power storage was approximately US$20 billion in 2005.

SOURCE: EPOD International Inc.