Beacon Power Delivers Flywheel-Based Power System to Bechtel Bettis, Inc.

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Beacon Power Corp (BCON) announced that it has delivered a flywheel-based power system to Bechtel Bettis, Inc., under a contract that it announced in March 2005. The demonstration system, built using a Smart Energy 6 flywheel, is designed to provide a high cycle-life, reliable source of stored energy for a number of potential applications. “This system we’ve delivered to Bechtel Bettis is an example of our strategy to address additional market opportunities beyond our primary business focus of providing advanced technology solutions for electric power systems,” said Bill Capp, Beacon Power president and CEO. “We continue to seek ways to leverage Beacon technology as a viable alternative to conventional, non-sustainable energy storage. With this system in the hands of users who will evaluate its performance, we hope to both learn from their feedback and establish ourselves as a capable supplier.” [ more ]