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According to the comments.....installations are all in California and benefitting from BOTH Cal state subsidies and Fed subsidies....
But it qualifies as a Green source so big subsidies...like 50%...
Does not use platinum...
operating temperature of 1,000 degrees Celsius.
Do you have to somehow supply this heat or does it generate it itself?
BIG SCAM:
30 years to pay for itself but it only has an expected lifespan of 5 YEARS.
“According to Mr. Sridhar, 64 discs could power a Starbucks.”
This is one thing I didn’t understand. Maybe I wasn’t listening closely enough. When he showed the first disc, I thought he or the SeeBS person said 1 could generate enough energy to run a light bulb. Does a Starbucks run on the equivalent of 64 light bulbs?
If a house-sized unit sold for $3K, that would be extraordinary, as heat pumps cost about that amount, but you nevertheless have an annual power bill to run them in addition to the capital cost. But I didn’t hear the part about their expected life-time being only 5 years (or was someone just throwing that out as a joke?). But even if they had to be replaced every 5 years, that’s only $50 per month. Anyone have electric/power bills that low? Not in my neck of the woods! So if he could mass-produce something at that price point, that would be revolutionary.