The CEO of a company that designs and manufacturs high-speed energy storage flywheels, says President Obama is on the right track with his goal to increase the use of renewable and alternative energy in the U.S. These will create jobs and lessen U.S.dependence on foreign oil. As the President said in the State of the…
20 MW storage plant nears operation
A provider of fast-response energy storage systems and services says it has made substantial progress toward completing and partial start-up of a 20-MW flywheel frequency-regulation plant the company is building in Stephentown, NY. More than 10 MW of storage capacity (more than 100 flywheels) has been installed and tested by Beacon Power Corp., and is…