Beacon Power Corp. says it has been awarded a $5 million state grant to support the construction of a 20 MW flywheel-based energy-storage plant in Hazle Township, Pa.
The company says the technology will help stabilize the grid by providing frequency regulation to balance electricity supply and demand in near-real time. Beacon Power recently completed and is now operating its first 20 MW flywheel plant in Stephentown, N.Y.
In addition to the $5 million state grant, the $53 million Hazle Township plant was awarded a $24 million stimulus grant from the U.S. Department of Energy.
