26 Jun '13, 3pm

Beacon Power Emerges from Bankruptcy with New Energy Storage Project

Tulsa, OK -- Beacon Power LLC, a company that provides energy storage capacity based on grid-scale flywheel technology is installing flywheels and full-scale construction at a new 20 MW energy storage plant in Hazle Township, Pennsylvania. The first 4 MW of energy storage capacity is scheduled to enter commercial operation in the PJM Interconnection grid system in September, with the full 20-MW plant operational during the 2nd quarter of 2014. Beacon Power flywheel plants provide frequency regulation services by absorbing energy from the grid when there is too much and storing it as kinetic energy. In times of low energy on the grid, the flywheels cycle energy back onto the grid. These cycles can occur multiple times in time periods as short as one minute, making them responsive to the needs of power grid operators. The recipient of a Department of Energy (DOE ) loan guara...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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