Beacon Power Corp. (Tyngsboro, Mass., USA) announced that on July 12 the company will host a ceremony to mark the completion and full operation of its first 20-MW flywheel energy storage plant in Stephentown, N.Y., USA. The facility, which provides grid-stabilizing commercial frequency regulation services to the New York State electricity grid, is currently operating at 18 MW and is expected to reach its full 20-MW capacity later this month.
Beacon's flywheel technology is comprised of a series of massive carbon fiber composite flywheels that quickly store and discharge energy produced from renewable resources, like wind and solar.
Bill Capp, Beacon Power president and CEO, said, "The completion and energization of our first full-scale commercial flywheel plant is a true milestone and cause for celebration. Our event will recognize the individuals and organizations that were instrumental in supporting this achievement, as well as give guests a chance to see the operation in person. When compared to other methods, our Stephentown flywheel plant offers the cleanest and most cost-effective solution for frequency regulation ever deployed on a power grid."
Capp continued: "The startup of our first plant has been closely followed by utilities, grid operators, regulators, wind developers, and other stakeholders around the world. Its successful completion and full-scale operation supports our two-part business model: owning and operating merchant plants that provide 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 just the beginning."