Bloom One Pager Regarding Delaware

Bloom Energy came to Delaware thanks to the help of Collin O’Mara, Jack Markell, Alan Levin, Matt Denn and other
politicians. They came with the promise of green energy and the promise of jobs. They delivered neither. But they
certainly creamed the system for a ton of subsidies.

In order for their fuel cells to operate, Bloom has to remove sulfur compounds that are present in natural gas. Yes,
Bloom uses vast amounts of fossil shale natural gas even though the Delaware politicians declared Bloom’s electrons to
be “renewable energy”. This was the first lie in the grand Bloomdoggle! When the sulfur compounds are removed and
become trapped on filters other toxins in the natural like benzene, toluene, xylene, lead, chromium, arsenic etc. also
become trapped. The filtering material together with the trapped toxins becomes hazardous solid waste. In 2015, the
last year we have full data, Bloom generated over 120,000 pounds of hazardous waste from the fuel cells in Delaware.

Bloom lied their 200-kilowatt boxes would each use a maximum of 1.32 million BTUs of natural gas in an hour and the
boxes would only emit a maximum of 773 pounds of CO2 per megawatt hour of electricity. Actual performance is
showing Bloom now emits over 900 pounds of CO2 per megawatt hour.

Bloom lied that they had installed 27 megawatts of Bloom Boxes at Red Lion and DNREC allowed them to use 0.173
million cubic feet of shale fossil natural gas per hour for 27 megawatts of capacity. DNREC records now show Bloom only
installed 26.8 megawatts of capacity at Red Lion and the quantity of natural gas should have been limited to 0.171719
million cubic feet per hour. This small change is important because Bloom has many engineers in India who control the
Boxes remotely. These smart engineers have methodically targeted to be just below the 0.173 million cubic feet per
hour of natural gas to be within the CZA permit. But they are above the 0.171719 figure. This means Bloom is violating
the CZA permit hour after hour, month after month, year after year. These violations must be investigated.

Bloom employs more people in India than in Delaware. Bloom lied about the number of jobs they would create in
Delaware. Bloom also lied about taking 120,000 cars off the road in Delaware. Bloom has taken subsidies from US
taxpayers and ratepayers (Over $1.5 billion) to create jobs in India and did not remove cars off the road.

The Bloom boxes also require frequent decoking. Bloom provided DE PSC records that show the boxes need to be
“decoked” 3 to 4% of the time in any month. There must be effluents that go into the air from the decoking operation.
These have never been disclosed by Bloom nor studied by DNREC. Why?

The electric power from Bloom boxes is very expensive and cost Delmarva ratepayers over $200 per megawatt hour to
generate. The base grid power costs are only 20% to 25% of the cost of Bloom electrons. To date, Delmarva ratepayers
have subsidized Bloom to the tune of over $200 million. This must be stopped before this reaches $700 million.

Now Bloom is asking to replace all the Bloom boxes in Delaware with new ones. They intend to take 30% of the
replacement cost from US taxpayers via the ITC (Investment Tax Credit) that Coons and Carper reinstated for them. They
probably will sell the old boxes offshore. The existing boxes have not been properly maintained nor repaired for several
years. Bloom has provided the DE PSC with documents that show that the boxes are unavailable 10 to 15% of the time
due to lack of spare parts. Bloom saved money by deferring maintenance and now wants US taxpayers to pick up the bill
for new systems. Most folks in Delaware are unaware that 99% of the subsidy they pay via Delmarva Power and Light
goes to Credit Suisse the large Swiss bank. Yes, records at the US SEC show Credit Suisse is the 99% tax equity partner
in the Delaware power purchase agreement. Credit also stands to gain from the repeat 30% ITC on the replaced units.

Bloom tried to permit the demolition of the old boxes and the installation of the new boxes under a regulation 1102 of
the code for a “Natural Minor Construction Permit”. Rebuilding a major power plant in the protected coastal zone is not
a “natural minor construction” effort. Bloom and DNREC hoped to do this without a public hearing. Bloom then had
DNREC set the date for the hearing on December 27th at 6 pm, knowing folks would be away for the holidays. The
hearing is now set for January 10th and it is not going to be the simple rubber stamp by DNREC for Bloom to continue
their ecofraud in Delaware.

By Lindsay Leveen December 6, 2018