Delaware's Very Own Solyndra? ; Taxpayers to Get Stuck with a Bloom Energy Fuel-Cell Boondoggle

Summary

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Delaware's political establishment thinks First State electricity consumers should subsidize the manufacture of supersized fuel cells under the auspices of California-based Bloom Energy to replace natural gas and coal-fired power plants in generating electricity. The politicos want to build a factory in Newark, where rail service is available to ship Bloom's 10-ton, 100-kilowatt "eco-friendly" Energy Servers to presumed eager buyers across America.

Bloom claims its "revolutionary new design" and "breakthroughs in materials science" make its new solid-oxide-fuel-cell (SOFC)technology "clean, reliable and affordable." Gov. Jack Markell, a Democrat; Department of Natural Resources Secretary Colin P. O'Mara; Department of Economic Development Secretary Alan Levin; and assorted legislators insist their plan will create jobs and put Delaware at the forefront of the Green Revolution.

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Delaware's Very Own Solyndra? ; Taxpayers to Get Stuck with a Bloom Energy Fuel-Cell Boondoggle

If that were the case, and if Bloom had a viable business plan, investors would be clamoring to get in on the action. There would be no need to stick Delaware ratepayers with a bloomin' tariff ("green premium") that will add a whopping $600 million to...

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