Should We Worry About Beacon’s Flywheels?

Tom Konrad CFA How material is the failure of one of Beacon Power's (BCON) flywheels on July 27?<a href="http://www.altenergystocks.com/comm/content/beacon-power-corporation/" beacon="" power's="" (bcon) Last week, I published an article Four Clean Energy Value Stocks I'm Buying Now, including Beacon Power as one of the four.  My rationale for including Beacon was: Beacon has been operating their first commercial scale 20MW flywheel energy storage plant  since early this year without mishap, achieving full capacity in June.  They are set to begin construction of their second 20MW plant later this year, 54% of...

Hype Busters From Lux Research Explain Grid Based Energy Storage

John Petersen In 1883 Thomas Edison said, "The storage battery is one of those peculiar things which appeals to the imagination, and no more perfect thing could be desired by stock swindlers than that very selfsame thing. ... Just as soon as a man gets working on the secondary battery it brings out his latent capacity for lying." The problem isn't so much the batteries, which haven't improved all that much over the last century. Instead, the problem lies in the fertile imaginations of scientists, engineers, politicians, ideologues, analysts and investors who focus on new energy...

Active Power Achieves 2-Hour Runtime Milestone

Active Power Inc (ACPW) announced that it successfully operated a prototype of its new battery-free energy storage system at 10 kilowatts (kW) for over 2 hours, a milestone that positions the new product well for the telecommunications segment. "The runtime of this prototype system is already 60 times that of our flywheel product and yet offers the same battery-free benefits," stated Joe Pinkerton, Chairman and CEO of Active Power, Inc. "A battery-free system that provides hours of backup time will allow Active Power to pursue the $4 billion telecommunications backup power market."

Beacon Power Announces Compliance with NASDAQ Continued Listing Requirement Related to Closing Bid Price

Beacon Power Corp (BCON) announced that on March 2, 2005, it received a letter from The NASDAQ Stock Market stating that because the closing bid price of the Beacon's common stock has been at $1.00 per share or greater for at least 10 consecutive business days, Beacon has regained compliance with Marketplace Rule 4310(c)(4). This is wonderful news for BCON.

Beacon Power Delivers and Connects Smart Energy Matrix Flywheel Demonstration System in New York

Beacon Power Corp (BCON) announced that it recently delivered, installed and connected a scale-power Smart Energy Matrix demonstration system to the electricity grid in Amsterdam, New York. After arriving at the site, the system was connected and turned up to full power, and is now following and responding to live ISO-specified requirements to demonstrate frequency regulation. The project, jointly funded by the New York State Energy Research and Development Authority (NYSERDA) and the U.S. Department of Energy (DOE) Energy Storage Program, is the second such scale-power system Beacon has delivered, in addition to a similar system in California. ...

New Investment Report Highlights $360-Million Market for Power Grid Frequency Regulation Services in the...

The market for grid frequency regulation services open to new service providers in the United States in 2004 was valued at nearly $360 million - and is expected to increase in 2005 - according to a Technology Brief issued today by Ardour Capital Investments, LLC. Frequency regulation is the target market for Beacon Power Corp (BCON) Smart Energy Matrix flywheel energy storage system, two demonstration systems of which are being built under contract to the California Energy Commission (CEC) and the New York State Energy Research and Development Authority (NYSERDA). The Technology Brief is available online at www.ardourcapital.com, under...

Active Power Unveils Revolutionary New Technology

Active Power Inc (ACPW) announced the details behind its latest breakthrough in alternative energy storage. The new technology, based upon the innovative combination of several mature technologies, constitutes a monumental achievement in energy storage by providing the extended runtimes of lead-acid batteries without any of the well-known shortcomings of these cells. This Thermal and Compressed Air Storage (TACAS) technology will be incorporated into Active Power's newest product that will begin shipping as an alpha unit late this year, the CleanSource® XR.

Energy Storage: A Bloody Q3 is Creating a Great Buying Opportunity

John Petersen Tom Lehrer is frequently credited with a quip that perfectly summarizes my feeling about the financial markets in the third quarter, "Apart from that Mrs. Lincoln, how did you enjoy the play?" During the quarter we were given box seats to classic political opera in two acts. Act One was set in Washington DC while Act Two moved to Europe so we could hear the same tortured songs of woe in a different language. We all know the opera has to end with the immensely popular "Kick the Can Chorus," but we suspended disbelief, bought into...

Toward a More Stable Grid: New Technological Solutions for an Old Problem

By: Matthew Hoff For power providers, grid stabilization has been a rising concern in recent years, especially because of the increasing use of intermittent energy sources such as wind turbines. Maintaining a stabilized energy grid is difficult because of the unpredictability of these intermittent energy sources. If wind turbines, for example, are supplying 5% of the overall power for the electric grid and the turbines stop moving because the air grows still, the grid has to find a way to kick into overdrive to compensate for this sudden decrease in energy. It's not as easy as it sounds....

Beacon Power Receives Contract from Bechtel Bettis, Inc. to Demonstrate Advanced Flywheel-Based Power System

Beacon Power Corp (BCON) has announced that it has been awarded a contract from Bechtel Bettis, Inc., to design and deliver an advanced flywheel-based power system demonstration unit. Bill Capp, Beacon Power president and CEO says "...Although this contract is not considered material from a revenue standpoint, these types of projects are significant because they extend our technology portfolio, help defray operating expenses, and can lead to other business opportunities."

Grid-scale Energy Storage: Lux Predicts $113.5 Billion in Global Demand by 2017

John Petersen Last month Lux Research released a bottom-up evaluation of the cost effectiveness of eight energy storage technologies in six grid-scale applications throughout 44 countries, including all 50 U.S. states. Their report titled "Grid Storage under the Microscope: Using Local Knowledge to Forecast Global Demand" predicts that annual global demand for grid-scale energy storage will reach an astounding 185.4 gigawatt-hours (GWh) by 2017 and represent a $113.5 billion incremental revenue opportunity for an industry that currently generates sales of $50 to $60 billion a year. In the grid-scale sector alone, Lux predicts an average...

Beacon Power Announces Major Patents for Flywheel Technology

Beacon Power Corp (BCON) announced that it has recently been awarded a United States patent for the unique design and construction of its composite flywheel rim, and that a few days ago, it received a written notification that another U.S. patent on the rim is to be granted in early February 2005. The composite rim is a key component of a flywheel energy storage system, as a rim's mass and ability to spin at high speeds have a direct relationship to the amount of energy that can be stored. Beacon Power, a pioneer in this technology, has been...

Investment Ideas From the One-House Grid

In June, I wrote how intermittent power sources such as photovoltaics and wind would have to compete with baseload technologies such as IGCC "Clean Coal" and nuclear for capacity on the grid.  The key problem is that neither baseload technologies nor intermittent technologies are able to match themselves to the fluctuations of demand.  This creates a need for technologies which can fill the varying gaps between supply from these sources, and normal energy use.  From the comments, it seems like I was not completely clear how intermittent and baseload power cause problems for each other, so I will start...

Active Power Receives 11-Megawatt UPS Order

Active Power Inc (ACPW) announced an order from Caterpillar Inc. for eleven one-megawatt flywheel UPS systems. The majority of these systems will be shipped during the current quarter and will be used to provide power protection for a large datacenter in the United States.

Energy Storage on the Smart Grid Will Be 99.45% Cheap and 0.55% Cool

7.17.09 Storage Week John Petersen Infocast’s Storage Week was all I had hoped it would be, and more. While I thoroughly enjoyed serving on three discussion panels and was warmly received by roughly 250 attendees, including executives of companies that I've occasionally criticized, the most important value for me came from the opportunity to hear four days of high-level presentations by industry executives, national thought leaders and policymakers who repeatedly stressed that: From a utility perspective grid-based energy storage is the functional equivalent of an instantly...

SatCon Receives a Follow-on Order For a Second Rotary Uninterruptible Power Supply from NIST

SatCon Technology Corporation (SATC) announced that it has received a follow-on purchase order for a second 2200 kVA Rotary Uninterruptible Power Supply (RUPS) on a government contract valued in excess of $1.1 million. SatCon's StarSine(TM) Rotary UPS is designed to provide both high quality electrical power during normal operation, as well as prevent any interruption of electricity to critical manufacturing processes, telecommunication centers, data centers, and healthcare facilities in the event of power grid failures such as black-outs and brown-outs. The RUPS is connected directly to SatCon's patented flywheel for short duration power disturbances and is integrated...
Close Bitnami banner
Bitnami