In Stephentown, New York, Beacon Power has build a 20MW / 5MWh plant consisting 200 carbon fiber FlyWheels. These FlyWheels make between 3000 and 5000 cycles per year through their input in the frequency regulation market.
Power Storage: The world does have a lot of options but its still expensive.
In order to manage supply and demand our renewables, we need to store the electricity when the wind is blowing hard and the sun shines brighter than there is demand.
For instance, Berkeley wind energy experts suggest a likely average cost reduction of between 24% to 30% by 2030 and 35% to 41% by 2050 across the three wind applications studied — onshore wind, fixed-bottom offshore wind, and floating offshore wind.
There is a further 10% chance that cost reductions could be more than 40% by 2030 and more than 50% by 2050. BetterWorldSolutions offers you a number of actual, technically available options. Read More