Bloom Energy - Turn Your Home into a Power Plant, Solid-Oxide and Hydrogen Fuel Cells
Sunday, August 31st, 2008Bloom Energy
CEO: K.R. Sridhar
Disruption: Energy generators in homes and businesses
Disrupted: Electric utilities
The company’s vision is to use solid-oxide fuel cells to allow homes to generate their own electricity. The fuel cells would use (but not burn) hydrocarbon fuel, and produce just half the carbon dioxide that today’s power plants do. One fuel cell should be enough to serve a home; homes could sell excess power back to the grid. Bloom Energy’s biggest hurdle is cost. It needs to get the price of its machines below $10,000 apiece.
6: Bloom Energy
by: Scott Clavenna
Posted: September 4, 2007 - 9:00 am (EST)
This is our long shot, and it’s one that doesn’t come wrapped in a nice package of available data and detail. But Bloom is hot. Its ambitions and potential payday exceed those of possibly every company on this list. And it does have more than just buzz. It has an enviable list of VCs behind it, more than $100 million and a credible scientist at its helm (disclosure: Greentech Media and Bloom Energy share a common investor in Northport Private Equity).
The technology behind Bloom is a solid oxide regenerative fuel cell for the distributed co-generation of electricity and hydrogen in businesses and potentially in homes. The fuel cell can use any one of many different hydrocarbons as an energy source, converting them to electricity without actual combustion, cutting greenhouse gas emissions to half that of a traditional power plant and eliminating the need for transmission and distribution. Thanks GreenTech Read more here