Beacon Power emerges from bankruptcy with new energy storage project

Sponsored by

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 guarantee of about $43 million in 2009, Beacon Power filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy court in Delaware in November 2011.

In 2012, Rockland Capital, a private investment firm focused on the energy industry, acquired the assets and certain agreements of Beacon Power Corp. and placed them in a new privately-owned company named Beacon Power LLC, according to the company's website. Rockland continues to pursue the development and commercialization of Beacon’s flywheel technology.

The company's first 20 MW flywheel energy storage system in Stephentown, N.Y. commenced full commercial operations and has had no material technical problems since, according to the company's website.

Overall availability at the plant, which uses some 200 flywheels, has been 97 percent. The plant's flywheels have performed more than 4,000 full charge/discharge cycles per year. To date, Beacon's flywheels have accumulated more than 3.5 million operating hours.

Beacon restarted manufacturing at its Tyngsboro, Massachusetts facility in December 2012, and reports that it is again making flywheels. The company began work on the Pennsylvania energy storage plant in Hazle Township in December 2012.

Sponsored by

WEBCASTS

High Availability Networks. Application of IEC6439-3 Protocols for IEC61850 Process Bus implementation

Networks can now be built for the first time with genuinely uninterrupted data communication betw...

Understanding Moisture Dynamics in Power Transformers

While the need to measure moisture in power transformers has been well documented and is universa...

Regional Market Outlook for the WECC and ERCOT

Looking for an independent market outlook and analysis of the WECC and ERCOT power markets? ...

Streamline Utility Field Inspections to Improve System Reliability &  Customer Satisfaction

Arm your workers with solutions that improve productivity and customer satisfaction. Listen in an...

EL&P BUYER'S GUIDE PRODUCTS

MITEM Corp

Provides CRM solutions for regulated U.S. public utilities. The product, MitemView integrates differently designed systems to share critical data a...

Resources on Demand

Manages resource requests, tracks personnel movements, and supports lodging/logistics during a power restoration event.

Smart Grids

Quanta is contributing to its customers' smart grid initiatives by installing technology on power networks to provide energy management solutions f...

Horizontal Directional Drilling

With 28 small, mid-sized and large drilling rigs, Quanta Pipeline Services is one of the largest horizontal directional contractors in the world fo...

POWERGRID BUYER"S GUIDE PRODUCTS

EtherMate® Industrial Ethernet - IO Modules

LioN-M ProfiNet device with 16 digital I/O channels, channels can be used universally as inputs or outputs, M12 socket, rotary address switches for...

Low-Smoke Zero Halogen Premise Distribution Cable

AFL’s Low-Smoke Zero Halogen (LSZH) distribution cable offers all of the benefits of a traditional 900 µm based optical cable while supporting comp...

OFL280 FlexTester - Handheld OTDR

AFL's OFL280 FlexTester offers an unmatched combination of fiber test functions, ease-of-use, portability, and value.

TRM® 2.0 - Test Results Manager PC Analysis and Reporting

Test Results Manager 2.0 (TRM® 2.0) is an all-in-one analysis, viewer and reporting tool designed for use with NOYES fiber and inspection products.

FEATURED ENERGY JOBS

View more Job Listings >>

POWERGRID International

April 2014
Volume 19, Issue 4
1404pg-cover

ELECTRIC LIGHT & POWER

March 2014
Volume 92, Issue 2
cover