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): March 30, 2004



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


Delaware                            0-15472                 75-3117389
----------                         -----------             ----------------
(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   Press Release of Environmental Power Corporation ("POWR") dated March
     30, 2004

Item 9. Regulation FD Disclosure

The Press  Release  attached  as  Exhibit  99 hereto is  furnished  pursuant  to
Regulation FD. It is not filed.






                                    SIGNATURE


     Pursuant  to the  requirements  of section  13 or 15 (d) 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
                                           /s/ Donald A. Livingston
                                           ------------------------
                                           Executive Vice President