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First National Power Corp. to Introduce Proprietary Technology to European Markets. Survey Concludes "…( Electricity) Enough to Power Over 150 Million Homes." |
Further to Our Press Release of March 2nd, 2004 "…Wind is the World's Fastest-Growing Energy Source -"Wind Energy Could Power Every Home in Europe by 2020" |
FOX ISLAND, WASHINGTON, Mar. 3 -/E-Wire/-- First National Power Corp (symbol FNPR OTC/BB) from an Article published, LONDON, March 1 /CNW/ - Every home in Europe could be powered by clean green offshore wind energy, according to a new report released by international energy experts. Researchers at the respected Garrad Hassan group examined wind speeds, sea depths, economic infrastructure and advancements in offshore wind technology. They concluded that as many as 50,000 turbines could be built in European seas, generating the equivalent of 720 billion domestic units of electricity - enough to power well over 150 million homes.
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The report - entitled 'Sea Wind Europe' – predicts the European wind industry is about to expand hugely, with major construction projects off countries including Germany, the UK, the Netherlands, France and Spain. It says wind could supply almost a third of all Europe's electricity needs including industry, service sector and domestic needs - a comparable amount to that currently supplied by the entire EU nuclear industry.
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The researchers go on to say that by 2020 wind power could: - create up to 3 million jobs across Europe - rejuvenate declining industries and depressed industrial areas - create a multi-million euro renewable energy market - set Europe on the road to a completely clean energy supply system that is safe, secure and environmentally sustainable - provide cheaper electricity than both coal and nuclear power.
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"Canada holds the bulk of North American wind potential and yet we're lagging behind in terms of both wind production and investment," said Steven Guilbeault from Greenpeace. "The Canadian government is missing a great opportunity to be a leader in the field of renewable energy, instead of which it continues to favor polluting fossil fuels and nuclear energy."
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"World leaders are facing the massive twin problems of energy security and climate change. This report shows that wind farms at sea, and on land, can be the backbone of the world's clean energy future, putting an end to the lie that renewable energy can't deliver on a large scale. What is true for Europe could also be true for Canada if Paul Martin could show the leadership that is required to make it happen," Guilbeault added. The report can be found at http://www.greenpeace.org.uk/seawindeurope.htm
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About First National Power
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First National Power Corporation is a fully reporting Public Corporation listed on the NASDAQ Over-the-Counter Bulletin Board (OTC/BB) under the trading symbol FNPR (formerly CSNI). The FNPR Green Energy Power Generation business model is designed to develop and implement cutting edge technology not formerly utilized in the electrical power generation industry and current technology configurations in new and exciting commercial applications, as exampled by the GREEN OASIS project under current development. http://www.firstnationalpower.com
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First National Power Corp. CONTACT: Kevin M. Murphy Corp., +1-253-549-4336, or CEO@FIRSTNATIONALPOWER.COM Or info@wannigancapital.com Web site: For First National Power http://www.FIRSTNATIONALPOWER.com Source: Wannigan Capital Corp http://www.wannigancapital.com/
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"Safe Harbor" Statement Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results
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