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Beacon Power Ships Smart Energy Matrix Flywheel Demonstration System to California

Beacon Power Corporation (NASDAQ: BCON) has announced that its first-ever Smart Energy Matrix demonstration system was shipped on September 15, 2005. The scale-power flywheel-based energy storage system, which was built under contract to the California Energy Commission, in collaboration with the U.S. Department of Energy (DOE) and the California ISO, is designed to demonstrate the feasibility of providing highly responsive and cost-effective frequency regulation services for the electricity grid. The demonstration system has a capability of approximately ten percent of the planned commercial version of the Smart Energy Matrix. The system will be installed in San Ramon, California at PG&E’s Distributed Utility Integration Test (DUIT) site, where the country’s first integration testing of commercial-grade, utility grid-interactive distributed energy resources is being conducted, including Beacon’s system. Beacon Power also announced that there will be a live demonstration of this Smart Energy Matrix system during a private tour of the San Ramon DUIT facility on October 19, 2005. More detailed information can be found at www.sandia.gov/eesat/. About Frequency Regulation One of the most challenging aspects of today’s electricity grid is that the amount of power generated and the amount consumed must be in exact balance at all times. When imbalances occur, the […]

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Shanghai to Install Thousands of Solar Panels

According to the Shanghai Daily news, Shanghai approved a proposal to install 100,000 square meters of solar panels over the next two years. As part of a three-year plan to boost the use of solar energy, the government will subsidize construction on a wide varity of buildings including offices, apartment buildings, universities and nursing homes. Shanghai has 30 solar projects approved for completion by 2007, including several solar plants with a combined capacity of 5,000 kilowatts. Solar panels will be installed on 20-30 energy-intensive industrial factories, high tech parks, Songjiang University Town, and New Jiangwan City.

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