In this paper we present homogenization results for elliptic degenerate differential equations describing strongly anisotropic media. More precisely, we study the limit as \( \epsilon \to 0 \) of the following Dirichlet problems with rapidly oscillating periodic coefficients:¶¶\( \cases {{ -div(\alpha(\frac{x}{\epsilon}}, \nabla u) A(\frac{x}{\epsilon}) \nabla u) = f(x) \in L^{\infty}(\Omega) \atop u = 0 su \eth\Omega\ } \)¶¶where, \( p>1, \quad \alpha : \Bbb R^n \times \Bbb R^n \to \Bbb R, \quad \alpha(y,\xi) \approx \langle A(y)\xi,\xi \rangle ^{p/2-1}, A \in M^{n \times n}(\Bbb R) \), A being a measurable periodic matrix such that \(A^t(x) = A(x) \ge 0\) almost everywhere.¶¶The anisotropy of the medium is described by the following structure hypothesis on the matrix A:¶¶\( \lambda^{2/p}(x) |\xi|^2 \leq \langle A(x)\xi,\xi \rangle \leq \Lambda ^{2/p}(x) |\xi|^2, \)¶¶where the weight functions \( \lambda \) and \( \Lambda \) (satisfying suitable summability assumptions) can vanish or blow up, and can also be "moderately" different. The convergence to the homogenized problem is obtained by a classical compensated compactness argument, that had to be extended to two-weight Sobolev spaces.