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	<title>MoneyBlogNewz &#124; Financial Education &#38; Gossip &#187; 60 minutes</title>
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		<title>Bloom Box fuel cell uses secret formula to produce clean energy</title>
		<link>http://personalmoneystore.com/moneyblog/2010/08/30/bloom-box-fuel-cells-clean-energy/</link>
		<comments>http://personalmoneystore.com/moneyblog/2010/08/30/bloom-box-fuel-cells-clean-energy/#comments</comments>
		<pubDate>Mon, 30 Aug 2010 17:46:30 +0000</pubDate>
		<dc:creator>Thomas Hart</dc:creator>
				<category><![CDATA[Featured News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[60 minutes]]></category>
		<category><![CDATA[affordable power]]></category>
		<category><![CDATA[bloom box]]></category>
		<category><![CDATA[bloom box fuel cell]]></category>
		<category><![CDATA[bloom energy]]></category>
		<category><![CDATA[ceramic discs]]></category>
		<category><![CDATA[clean energy]]></category>
		<category><![CDATA[electrical grid]]></category>
		<category><![CDATA[electricity costs]]></category>
		<category><![CDATA[energy grid]]></category>
		<category><![CDATA[energy server]]></category>
		<category><![CDATA[fuel cell]]></category>
		<category><![CDATA[fuel cell market]]></category>

		<guid isPermaLink="false">http://personalmoneystore.com/moneyblog/?p=87918</guid>
		<description><![CDATA[The Bloom Box is a fuel cell that generates electricity from oxygen and natural gas. Bloom Energy&#8217;s Bloom Box was featured on &#8220;60 Minutes&#8221; Sunday, a few days ahead of the company&#8217;s formal launch on Sept. 1. Bloom Energy claims that the Bloom Box is an &#8220;energy server&#8221; that creates clean, reliable and affordable power. [...]]]></description>
			<content:encoded><![CDATA[<div class="wp-caption alignright" style="width: 309px"><a href="http://www.flickr.com/photos/matze_ott/2247151022/" rel="external nofollow"><img title="lotus blooming in a box" src="http://farm3.static.flickr.com/2065/2441615964_2a53175f44.jpg?v=0" alt="a lotus flower used as photo illustration for Bloom Box fuel cell" width="299" height="224" /></a><p class="wp-caption-text">The Bloom Box fuel cell is being used by companies like Google and eBay to save hundreds of thousands of dollars on energy costs. matze_ott/Flickr photo.</p></div>
<p>The Bloom Box is a fuel cell that generates electricity from oxygen and natural gas. Bloom Energy&#8217;s Bloom Box was featured on &#8220;60 Minutes&#8221; Sunday, a few days ahead of the company&#8217;s formal launch on Sept. 1. Bloom Energy claims that the Bloom Box is an &#8220;energy server&#8221; that creates clean, reliable and affordable power. It&#8217;s a stand-alone unit that some major corporations are already using to supplement their energy needs. Bloom Energy believes the Bloom Box can replace the power plants and transmission lines of the energy grid. However, like other fuel cells developed thus far, the price has to come way down before the Bloom Box can be considered practical.</p>
<h2>Bloom Box saves eBay $100,000 in 9 months</h2>
<p>The Bloom Box has been 10 years in the making. In its &#8220;60 Minutes&#8221; feature on <a title="PMS Money Blog" href="http://personalmoneystore.com/moneyblog/2010/02/25/bloom-energy-hopes-businesses-grid/">Bloom Energy</a>, <a title="CBS News" href="http://www.cbsnews.com/stories/2010/02/18/60minutes/main6221135_page2.shtml?tag=contentMain;contentBody" rel="external nofollow">CBS News</a> reports that company founder K.R. Stridhar has raised about $400 million for the technology. The Bloom Box holds a stack of ceramic discs coated with secret formulas on each side. A fuel source like natural gas goes in one side and oxygen on the other. The disk creates an electro-chemical reaction between the two elements to produce power. The taller the stack, the more power is generated. A Bloom Box with 64 disks will power a Starbucks. Twenty companies in California are using Bloom Boxes, where a 20 percent state subsidy along with a 30 percent federal tax break for clean energy cuts the $800,000 price in half. John Donahoe, eBay&#8217;s CEO, told CBS News that five Bloom Boxes running on carbon-neutral bio-gas from landfill waste, installed nine months ago, have saved more than $100,000 in electricity costs.</p>
<h3>Will the electrical grid go the way of the mainframe?</h3>
<p>Stridhar told <a title="Newsweek" href="http://www.newsweek.com/2010/04/22/this-is-brand-new.html" rel="external nofollow">Newsweek</a> that the Bloom Box could replace the power plants and transmission lines of the electrical grid like personal computers replaced mainframes. He said companies like Google, a Bloom Energy customer, have small servers ganged up in groups of thousands to create huge data centers. Bloom Boxes can be clustered the same way to create energy farms. Stridhar admitted that subsidies are the only thing making the Bloom Box fly now. But economies of scale could bring the price down to about a $3,000 investment for a household installation. He said every doubling in volume brings a 10-to-15 percent reduction in cost.</p>
<h3>The fuel cell  market</h3>
<p>The Bloom Box appears as demand for fuel cells is expected to accelerate. A report on the global fuel cell market by GBI Research published on <a title="altenergymag.com" href="http://www.altenergymag.com/emagazine.php?art_id=1468" rel="external nofollow">altenergymag.com</a> said that advancing technology and increasing demand will bring the cost of fuel cells down. The price will allow fuel cells to become commercialized by 2013. A 2008 report by Freedonia Group said that U.S. commercial fuel cell demand will expand nearly sixfold through 2012 to $975 million. Using fuel cells for electric power generation was expected to grow 41 percent a year in that time frame.</p>
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		<title>Obama&#8217;s B Grade &#124; Do You Agree With His Evaluation?</title>
		<link>http://personalmoneystore.com/moneyblog/2009/12/14/obamas-grade-agree-evaluation/</link>
		<comments>http://personalmoneystore.com/moneyblog/2009/12/14/obamas-grade-agree-evaluation/#comments</comments>
		<pubDate>Mon, 14 Dec 2009 21:06:30 +0000</pubDate>
		<dc:creator>Shadra Beesley</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[Nation]]></category>
		<category><![CDATA[Politics]]></category>
		<category><![CDATA[60 minutes]]></category>
		<category><![CDATA[no fax loans]]></category>
		<category><![CDATA[obama b]]></category>
		<category><![CDATA[oprah]]></category>
		<category><![CDATA[president]]></category>
		<category><![CDATA[united states]]></category>

		<guid isPermaLink="false">http://personalmoneystore.com/moneyblog/?p=57800</guid>
		<description><![CDATA[Obama&#8217;s Solid B-Plus President of the United States Barack Obama on Sunday night appeared on both &#8220;60 Minutes&#8221; and a special Oprah Winfrey show called &#8220;Christmas at the White House.&#8221; As usual, more people are interested in what happened on Oprah&#8217;s show than anything else. Specifically, the masses are evaluating whether they agree with Obama&#8217;s [...]]]></description>
			<content:encoded><![CDATA[<h2>Obama&#8217;s Solid B-Plus</h2>
<div class="wp-caption alignright" style="width: 310px"><a href="http://commons.wikimedia.org/wiki/File:Cap2.jpg" rel="external nofollow"><img title="Obama B" src="http://upload.wikimedia.org/wikipedia/commons/8/8d/Cap2.jpg" alt="Will Obama graduate from the presidency with honors? Image from Wikimedia." width="300" height="325" /></a><p class="wp-caption-text">Will Obama graduate from the presidency with honors? Image from Wikimedia.</p></div>
<p>President of the United States Barack Obama on Sunday night appeared on both &#8220;60 Minutes&#8221; and a special Oprah Winfrey show called &#8220;Christmas at the White House.&#8221; As usual, more people are interested in what happened on Oprah&#8217;s show than anything else. Specifically, the masses are evaluating whether they agree with Obama&#8217;s figurative report card, which he filled out himself.</p>
<p>Oprah asked Obama what grade he&#8217;d give himself on his time thus far in office. &#8220;A good, solid B-plus,&#8221; he said. Now, before you take out no fax loans and start making picket signs reflecting which grade <em>you&#8217;d</em> give the president, here&#8217;s the logic behind Obama&#8217;s B-plus. Study up, y&#8217;all, this is bound to come up at the dinner table or the bar at some point.</p>
<h3>Foreign security</h3>
<p>Obama believes the war in Iraq is beginning to wind down and he pointed out that many troops have been withdrawn from Iraq. He also says he believes the U.S. has the best possible plan in place for Afghanistan.</p>
<p>He also mentioned that the world&#8217;s perception of the U.S. has greatly improved. He said America has &#8220;reset&#8221; its prestige. The U.S. also has been instrumental in halting the development of nuclear weapons in Iran and North Korea.</p>
<h3>The economy</h3>
<p>Though many households are not yet feeling the results of the ever-so-slowly growing economy, Obama confirmed what economics experts have been saying, which is that the economy is back on track and making positive progress.</p>
<p>The unemployment rate dropped in November to 10 percent from 10.2 percent in October. Obama said during his year as president, the economy has stabilized and is now growing. The country avoided another Great Depression after enduring the worst recession since then.</p>
<h3>Popularity contest</h3>
<p>Though Oprah and Obama are decidedly pretty chummy, Oprah will be Oprah. She asked the president to respond to his dwindling popularity in the polls. Obama said he was surprised his numbers had held up as well as they did with 10 percent of the population unemployed.</p>
<h3>What does it take to get an A?</h3>
<p>President Obama said that if a health care plan had been passed, he would have given himself an A-minus. He said he recognizes there are still a lot of things undone, and that&#8217;s why he didn&#8217;t give himself a higher grade. There is still time for Obama&#8217;s B-plus to change to an A-minus if the health care bill passes this year.</p>
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