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"It is this broad view of energy diversity that will ultimately lessen the
nation's dependence on foreign oil and create new jobs tied to alternative
energy technology development," said Croce.

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This initiative would
ensure that Michigan businesses are poised to capitalize on the worldwide
trend to reduce fossil fuel usage through the development of diverse energy
supplies, including hydrogen fuel cells and bio-fuels.

"The Governor's bold approach
towards job creation in the emerging clean technology sector aligns closely
with the work of NextEnergy.
NextEnergy is constructing alternative fuel infrastructure to support Michigan
businesses in the development of hydrogen and bio-fueled vehicles and power
generation systems.

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Through its
Microgrid Power Pavilion, the Center will include a working laboratory for
advancing fuel cells and other distributed power generation technologies.org .

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Argus Energy Industry Experts Available for Katrina-Related Interviews Commentary Information

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For more information, visit http://www.

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com ) for
breaking stories on Katrina and the energy markets .

NextEnergy CEO Applauds 21st Century Jobs Initiative

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Argus Media is a leading provider of business
intelligence, price assessments, and market data on the global oil, natural
gas, electricity, coal, emissions and transportation industries.

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Argus Media experts are available to discuss topics ranging
from oil and gas production and supply, environmental ramifications, refined
products availability and more. dedicated
to research and development, demonstration, and public education .

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Governor proposes $2B investment in emerging technology R+D to create jobs

DETROIT, NextEnergy CEO, James Croce applauds
Governor Granholm's proposal to create 72,000 jobs by investing $2 billion to
establish Michigan as a global center of research in new technology and
emerging industries .

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The 21st Century Jobs Initiative would provide the
vehicle to move Michigan beyond its manufacturing roots to fully embrace its
role in the emerging new economy driven by technology.

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The state -of-the-art NextEnergy Center, scheduled to open in spring 2005,
will be the Michigan headquarters of NextEnergy with 45,000 sq.

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argusmediagroup.

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News Media contact the following individuals at Argus for more information
and interviews:

Crude Oil Production and Markets:
Tim Mingee, Editor (713) 968 0054
Gasoline and Diesel Production and Markets:
Matthew Wood, Editor (713) 968 0012
Natural Gas and Power
David Givens, Senior Editor (202) 349 2868
Coal Markets and Environmental Issues
Peter Rosenthal (202) 349 2872

Up-to-the-minute Katrina News + Information:
Please visit the Argus website (http://www.

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HOUSTON, The impact of Hurricane Katrina on the
domestic energy landscape will be long lasting and have far reaching
consequences."

About NextEnergy
NextEnergy is a non-profit corporation founded to advance Michigan as a
leader in alternative energy research, design, manufacturing , and
commercialization for stationary, portable power, and automotive use.

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