Consent of Independent Accountants



The Board of Directors
Energy Research Corporation:


We consent to incorporation by reference in the registration statements
(No.333-20807, No.33-77008 and No.33-68866) on Form S-8 of Energy Research
Corporation and Subsidiaries of our report dated January 12, 1998, relating
to the consolidated balance sheets of Energy Research Corporation and
Subsidiaries as of October 31, 1997 and 1996, and the related consolidated
statements of income, changes in common shareholders' equity and cash flows
for each of the years in the three-year period ended October 31, 1997, which
report appears in the October 31,
1997  annual report on Form 10-K of Energy Research Corporation.



Stamford, CT
January 23, 1998