June 22, 2009 - POWER has entered into a Research and Development Agreement with Electric Power Research Institute, Inc. ("EPRI") to prepare a paper on the "Characteristics and Benefits of Simplified Combined Cycle."  POWER is excited about working with EPRI, said Tom Mason, President and CEO of POWER.  EPRI conducts research and development relating to the generation, delivery and use of electricity for the benefit of the public.  An independent, nonprofit organization, EPRI brings together its scientists and engineers, as well as experts from academia and industry to help address challenges in electricity, including reliability, efficiency, health, safety and the environment.  EPRI also provides technology, policy and economic analyses to drive long-range research and development planning, and supports research in emerging technologies.  EPRI's members represent more than 90 percent of the electricity generated and delivered in the United States, and international participation extends to 40 countries.