UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT

                Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934

         Date of Report (Date of earliest event reported): July 25, 2002
                                                           -------------



                         Environmental Power Corporation
                         -------------------------------
             (Exact name of registrant as specified in its charter)


Delaware                            0-15472                 04-2782065
--------                            -------                 ----------
(State or other jurisdiction        (Commission             (IRS Employer
of incorporation)                   File Number)            Identification No.)


           One Cate Street, 4th Floor, Portsmouth, New Hampshire 03801
                    (Address of principal executive offices)


                                 (603) 431-1780
              (Registrant's telephone number, including area code)



Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

(c) Exhibits

99  Investor Fact Sheet of Environmental Power Corporation ("POWR") dated
    July 25, 2002.

Item 9.  Regulation FD Disclosure

The Investor Fact Sheet attached as Exhibit 99 hereto is furnished pursuant to
Regulation FD. It is not filed.

Cautionary Statement

The Private Securities Litigation Reform Act of 1995 (the "Act") provides a
"safe harbor" for forward-looking statements. Certain statements contained in
the attached Investor Fact Sheet such as statements concerning our systems
providing a profit-generating solution and, production of power at generating
facilities to be constructed, additional farms signing on in the near future,
the beginning of the engineering and construction phases of our projects,
helping animal feeding operations meet pollution standards, the estimated market
potential for this type of pollution control our expectation and other
statements contained therein regarding matters that are not historical facts are
forward looking statements as such term is defined in the Act. Because such
statements involve risks and uncertainties, actual results may differ materially
from those expressed or implied by such forward-looking statements. Factors that
could cause actual results to differ materially include, but are not limited to,
uncertainties involving development stage companies, financing requirements and
uncertainties, difficulties involved in developing and executing on a business
plan, technological uncertainties, risks relating to managing and integrating
acquired businesses, volatile and unpredictable developments (including plant
outages and repair requirements), the difficulty of estimating construction,
development, repair and maintenance costs and timeframes, the uncertainties
involved in estimating insurance and implied warranty recoveries, if any, the
inability to predict the course or outcome of any negotiations with parties
involved with POWR's or Microgy's projects, uncertainties relating to general
economic and industry conditions, the amount and rate of growth in expenses,
uncertainties relating to government and regulatory policies, the legal
environment, intellectual property issues, the competitive environment in which
POWR and Microgy operate and other factors, including those described in the
Company's filings with the Securities and Exchange Commission, including the
section "Management's Discussion and Analysis of Financial Condition and Results
of Operations -- Certain Factors That May Impact Future Results" of POWR's
Quarterly Report on Form 10-Q for the period ended March 31, 2002. Readers are
cautioned not to place undue reliance on these forward-looking statements, which
speak only as of their dates. POWR undertakes no obligation to publicly update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.



                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                               ENVIRONMENTAL POWER CORPORATION

July 25, 2002                                  By: /s/ R. Jeffrey Macartney
                                                   ------------------------
                                               R. Jeffrey Macartney
                                               Treasurer and
                                               Chief Financial Officer
                                               (principal accounting officer
                                               and authorized officer)