Subject:  NO_x Control Market News For May ‘08

Here are headlines for the month of May ‘08 in the Updates to NO_x Control Markets.  These updates reflect only some of the new additions.  The analysis and revenues are constantly revised.  For more information, click on:

NO_X WORLD MARKET

UPDATE

May 2008

TABLE OF CONTENTS

Ninety Percent Probability for SCR on All Existing Coal Plants and 60,000 MW of New Coal Plants in the U.S. by 2023

U.S. SCR MW Forecast

Prospect Capital provides $20 Million in Financing for Peerless Mfg. Co. Acquisition of Nitram Energy

Limestone 3 to use SCR, Dry Scrubber, Baghouse

Fluor to Provide Construction Services for Sandow 4 SCR

TVA to ADD FGD and SCR at 4 x 200 MW John Sevier

WorleyParsons to Provide Design for Scherer SCR and FGD

IPL to Develop Renewable Fuel for 630 MW Sutherland

B&W to Supply Boiler and Environmental Equipment for Wygen III

Zachary Estimate for Crystal River, Florida FGD and SCR reviewed by Bibb

EPA Sets New Ozone Standard of 75 ppb

SCR Catalysts must be Adaptable to Biomass co-firing, Mercury Oxidation and SO3 Minimization — Hot Topic Hour March 13, 2008

Many projects are detailed in monthly updates under Industry Analysis in this Report’s Chapters.

              CEMENT

CHEMICAL

INCINERATORS

REFINERIES

POWER

• Huge pump expenditures are forecast for flue gas desulfurization systems in the U.S. and China. The specific reports are available separately in World Coal-fired Power Generation Analysis and Forecasts and in Utility Environmental Upgrade Tracking System.

For more information on all McIlvaine services, click on:  www.mcilvainecompany.com or call us at: 847-784-0012.

Bob McIlvaine

rmcilvaine@mcilvainecompany.com