Bloom Energy was given a highly favorable deal by Delaware’s government, allowing it to rent space for almost nothing, receive millions in grants, and charge Delmarva Power customers extra to support its fuel cell technology. In return, the company was supposed to create jobs and invest in the area, but it has failed to meet many of its promises. Despite being classified as “green energy,” Bloom’s fuel cells run on natural gas, produce significant carbon emissions, and generate hazardous waste. The state and company have downplayed these issues, and taxpayers have spent over $580 million on this project.
Bloom Energy: Time To Go - A Better Delaware
By: Dr. David R. Legates, Advisory Board Member, A Better Delaware Bloom Energy’s founder, K.R. Sridhar, recently appeared on Maria Bartiromo’s show on Fox Business. He touted Bloom Energy as a viable solution to President Trump’s declaration of a national energy emergency. But as we…