A series of setbacks for flywheel energy storage last year made us
wonder if the technology was just spinning its wheels. But this
morning, things are looking up for the tech’s long road to
commercialization, with word from the Department of Energy that it has
awarded a conditional $43 million loan guarantee to Beacon Power to
help with construction of a 20 MW flywheel energy storage plant in
Stephentown, N.Y. — the first full-scale commercial deployment of the
company’s technology.
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