From the 08/12/09 Press release:

BlackLight says it developed a solid fuel that efficiently liberates hydrinos and then requires very little energy (in the form of heat) to reverse the chemical product back into the initial solid fuel. The system is nearly closed-loop, requiring only the replacement of hydrogen consumed when forming hydrinos, CEO Randell Mills said in a news release.

By that standard, a coal-fired plant is also nearly closed-loop..requiring only the replacement of coal consumed when forming CO2.

I have a feeling Madoff may have a cellmate soon…