| By Bryan O'Rourke | Article Rating: |
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| February 22, 2010 05:30 AM EST | Reads: |
1,785 |
The majority of our energy systems rely on a highly centralized structure; creating tremendous inefficiencies from the loss of power along the grid. A decentralized approach would increase efficiency greatly but the technologies for this type of solution have not emerged.
Now comes Bloom Energy. While it is uncertain if Bloom has actually overcome cost and reliability issues with fuel cells, CEO Sridhar recently told BusinessWeek, the Bloom box could reach “grid parity” for home use, or competitive pricing with conventional electricity sources in 3-5 years.
In two days a scheduled press conference will provide more technical information. Simply scaling down a natural gas plant and providing similar costs and reliability would be a huge accomplishment let alone achieving a home use solution. The press conference is highly anticipated and the Bloom web site has a count down to the conference.
Fortune Magazine recently reported Bloom Box's technology is based on ceramic plates stacked atop each other to form modules that can be assembled into a unit of any size. With about $400 million in venture funding the company has been working on the technology for about eight years. Kleiner Perkins and other major Venture Capitalists are backing Bloom Energy.
Google

The potential for both achieving reductions in pollution relating to our inefficient power supply and distribution systems while delivering greater effiency more economically holds out great hope for our future. In the world of energy, the Holy Grail is a power source that's inexpensive and clean. Watch the 60 minutes story to learn more.
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Published February 22, 2010 Reads 1,785
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Strategic adviser, author, presenter and contract executive with technology, business development, organizational development and finance experience. Proven performance in an array of industries including fitness, food and beverage, hospitality, franchising, and IT among others. International background, managing projects in Asia, the EU, and the Americas. A track record transforming organizations and bringing stakeholders together. Has served as a catalyst and team builder significantly growing revenues in small, large and mid-sized profit and not for profit firms. A court appointed expert able to quantify complex business matters. Extensive experience raising capital and managing M and A activity as a principal, agent or adviser. Available for testimony, analysis, consulting, and public speaking engagements. For more information visit www.bryankorourke.com
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