The Future of the Energy Sector comes in the name of the Bloom Box
James | Mar 03, 2010 | Comments 11
Just imagine if you could move your house’s energy source into your backyard. Throw away those unhealthy emissions and simply put in a small little box
. The future of the energy sector is here and it comes in the name of Bloom Energy. Bloom Energy Corporation has come out with a revolutionary device known as the “Bloom Box.” The idea is to get rid of the power plants and huge power grid the same way the laptop replaced the desktop. Already many Fortune 500 companies such as eBay (EBAY), Google (GOOG), Coca-Cola (KO), and Bank of America (BAC) are using this device. In fact, Google and eBay have claimed to of saved over $100,000 while using one of the twelve stealth tester boxes. So you might ask what is the Bloom Box? The Bloom Box can provide 100 kilowatts of energy using natural gas or biogas. The price tag is $700,000 but after federal/state subsidies it costs around $0.09 per kilowatt per hour. The payback period is around three years for this product. This technology has been around though Bloom Energy is the first company to take it mainstream. Their next goal is to make a smaller box for residential use. Bloom Energy has virtually been in stealth mode for the past seven years not letting anyone in on their new secret new device. With the release of this revolutionary new energy source however this company should take off. They’re already getting the backing of many top “A-list” VC firms such as Klein Perkins who’ve already pledged $400 million towards Bloom Energy’s growth. Kleiner Perkins’ CEO, John Doer, says Bloom Energy could be the next Google. I say why not? The U.S. energy sector is a $6 trillion dollar industry much larger than the Internet. This new innovative “Bloom Box” sounds very similar to the Google’s “Search Bar.” Don’t want to make any promises, but many believe in a short time Bloom Energy could become a $10 billion+ company. I don’t see why as this “little box” promises the world of opportunities. (Watch the 60 Minutes Clip below to learn more about this revolutionary product)
Filed Under: Commodities | Emerging Markets | Energy • Featured








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