Beacon Power to Celebrate Completion of World’s First 20 MW Flywheel Plant
Stephentown Facility Now Operating at 18 MW because it Nears Final CapacityTYNGSBORO, Mass., Jun 1, 2011 (GlobeNewswire via COMTEX) –
Beacon Power Corporation (Nasdaq:BCON), a number one provider of advanced services to support a more stable, reliable and efficient electricity grid, announced that on July 12, 2011, the corporate will host a ceremony to mark the completion and whole operation of its first 20-megawatt flywheel energy storage plant in Stephentown, Manhattan. The ability, which supplies grid-stabilizing commercial frequency regulation services to the hot York State electricity grid, is currently operating at 18 MW and is predicted to achieve its full 20 MW capacity later this month.
Bill Capp, Beacon Power president and CEO, said: “The completion and energization of our first full-scale commercial flywheel plant is a real milestone and cause for celebration. Our event will recognize the individuals and organizations that were instrumental in supporting this achievement, in addition to give guests an opportunity to work out the operation in person. When put next to other methods, our Stephentown flywheel plant offers the cleanest and most cost-effective solution for frequency regulation ever deployed on an influence grid.”
Capp continued: “The startup of our first plant have been closely followed by utilities, grid operators, regulators, wind developers, and other stakeholders worldwide. Its successful completion and entire-scale operation supports our two-part business model: owning and operating merchant plants that supply regulation services in open-bid markets — and that become references for the sale of flywheel plants on a turnkey basis to vertically integrated utilities. This facility is barely the start.”
Beacon Power completing construction of 20-megawatt flywheel plant, the world’s largest
Remember Beacon Power , that startup using 2,800-pound flywheels to chop noxious emissions? Well, three years later, the corporate is wrapping up construction of its first plant, a 20-megawatt operation that just happens to be the world’s largest. The Stephentown, NY facility is home to 200 of those flywheels, which store and output energy as needed, essentially matching the facility supply with the demands of the grid. The outcome, the corporate promises, is reduced energy waste and stable electrical frequencies hovering around 60Hz. And while the plant’s already up and running at 18 megawatts, it won’t be until later this month that Beacon finishes building it out in order that it reaches its full capacity. Full PR and poo-popping celebration plans after the break.
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