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To: coug who wrote (3594)2/22/2010 4:21:46 PM
From: Mephisto
   of 3961
 
Hello, coug! I hope you, Mary and Gabe have been well. We have been having sunny weather with blue skies.

I haven't been doing much. I sleep a lot. I have radiation treatment every day. I sleep a lot. I have a lot of pain, but the doctors have been trying to get it under control.

I have some good news. The tumor hasn't grown anymore.

Something has affected my taste, and I can't stand the taste of wine. I've always loved wine so I hope it passes.

Have you been on any trips?

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To: Patricia Trinchero who wrote (3598)2/22/2010 4:22:52 PM
From: Mephisto
   of 3961
 
Pat, how are you doing? Are you still working full time?

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To: Mephisto who wrote (3652)2/22/2010 9:54:47 PM
From: coug
   of 3961
 
Hi Mephisto,

Thank you for asking and we are doing well..

And we are so glad to hear things are moving in a positive direction for you and we just KNOW they will keep on doing that.. :)

Also we are so glad to hear the weather is bright and sunny as that brings a great healing process to one.. Light heals, especially sunlight, in my mind.. If you can, just a thought, of course, you might go out on the deck or something and lay under that bright, blue, beautiful Seattle sky, everyday, if you feel like it..

And pretty soon you will get back that taste for the wonderful ELIXIR of life, WINE.. :)

And GREAT coffee, like we had with you and G in your beautiful Emerald city a while back..:)

We haven't travelled much lately except to see friends in northern California and family in eastern Washington.. And we are planning to meet with family at a resort area in northern Idaho in March..

As always,

Take care and keep up the good work,

M n' M

PS: We have been so enjoying the Winter Olympics so much and am so glad to see your and our friend, Apolo, doing so well.. :)




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To: coug who wrote (3654)2/28/2010 7:59:42 PM
From: Mephisto
   of 3961
 
I've really enjoyed the Olympics and so has Gary. He watched the Canadians and the US today.

Are you planning any trips up this way this spring or summer.

I watched the DVD Doubt today. I am not sure I was entirely taken with it. Did you see it? Have you seen any good films lately?

Spring will soon be here. The daffodils and tulips are beginning to bloom.

How is Gabe? His winter coat must be lovely.

We saw a film called The Serious Man or I think that is what it is called. I didn't like it very much.

I sure do hope you make it up this way this summer;

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From: coug3/1/2010 2:47:22 PM
   of 3961
 
March 1, 2010
Making a Case for Flywheel Energy Storage
by Drew Devitt, New Way Energy LLC
Oklahoma, United States [Renewable Energy World North America Magazine]
Electricity is the ultimate in a perishable commodity. If it is not used or transformed as it is generated it will be lost. So the systems that supply electricity have been designed with flexibility in mind so that supply may be made to closely match whatever the demand happens to be.

Consumers take this balance for granted but our local electric company closely studies historical demand, accounting for the change in seasons, changes during the day, weather forecasts and even whether there is a baseball game at the stadium. When utilities turn to their supply side they may have hundreds of generator sets all varying in kilowatt rating size, cost efficiency and on/off flexibility. The electric company has taken its best bet as to which of the large inflexible turbines to have powered on. They would like to maximize the use of these turbines as they are generally the most efficient turbines to run and cleanest turbines for the environment. Due to the need to be able to follow demand they also need to have in the mix a spectrum of smaller turbines that may be turned on and off easily. this is the most expensive electricity and these are also the dirtiest turbines.

The electric company is more likely to own the larger capital intensive gensets and issue supply contracts with independent power producers for the smaller turbines (where there are deregulated markets). The contract prices are usually priced based on the kilowatts that can be provided and the speed at which they may be turned on or off. This spectrum of adjustability is referred to as "load following" on the broad scale and "frequency regulation" on the fine scale.

The need for frequency regulation is the main reason that power generators have to match supply to demand. It would sometimes be easier simply to create more electricity than is being demanded. But this is more dangerous than not supplying enough electricity. When there is more supply of electricity than is demanded the frequency of the alternating current goes above 60 Hz and when the supply is exceeded by demand the frequency drops below 60 Hz. (In Europe and other parts of the world this standard is 50 Hz.) Electric companies are mandated by federal laws to maintain 60 Hz on the grid. The bigger the disparity above or below 60 Hz the larger the fines that may be imposed on them.

Power companies are used to having a deterministic supply side. If they tell a supplier to fire up a turbine that is rated for 30 MW they can count on having 30 MW delivered within the contracted time with near certainty. With wind and solar energy, however, we are now asking the power company to deal with intermittency on their supply side and not just on their demand side. Although renewable energy sources (not counting hydroelectricity) account for less than 2 percent of the total energy generated in the United States, the popular press and politicians are talking about having 20 percent of our electricity generated by renewables within 10 years. Common sense suggests that load following and frequency regulation will become more difficult and expensive with this increase in supply side variability.

At the same time, however, a great degree of flexibility already is built into electricity supply. The classic demand curve in Figure 1 shows that within a particular regulation area with an average of 10,000 MW produced all the time, demand at any one time varies from 5,000 MW to 20,000 MW, which is a significant spread. It is sometimes insinuated that renewable energy sources will require a whole new fleet of turbines standing by when the wind dies or when clouds obscure the sun. This is simply not the case. Large utilities and control areas typically will have thousands of megawatts in reserve most of the time. And even at peak demand times they will be glad for the extra capacity.



The electric company though, has an obligation to supply the electricity that is being demanded. As the percentage of possible variability increases in their supply they will have to increase the value of contracts with deterministic generation sources. If the wind does stop blowing, the turbines they will have to turn on may not be as efficient or as clean as the turbines they might have selected in the absence of wind variability. This would have a negative impact on the value of wind energy, but new turbines and huge storage facilities will not be necessary.

The hope for renewables is aggregation. The idea is that as more renewables come on line their intermittency will average out, at least to some degree. The wind blowing harder at night will average with the sun shining bright in the day on a macro level. Likewise, as a gust of wind blows through a wind farm it won't much change the average output of the farm on a micro level. There is no doubt that there will be an averaging of renewable generated power, but on the macro side this averaging is limited by transmission constraints.

Energy storage technologies are often referred to as a way to shift time and smooth the delivery of renewable energy such as wind and solar. But the cost of energy storage infrastructure is not insignificant. Today's cost for advanced lithium batteries (one of the leading energy storage candidates) capable of storing 1 MWh of electricity is about $2 million, about the same capital cost per megawatt-hour as the wind turbine. So if a 1 MW-rated turbine has good wind and is able to produce its megawatt hour rating for 10 hours it will produce 10 MWh of energy. Storing this energy would require $20 million worth of batteries. This obviously is not an economic model.

Although energy storage does not play a significant factor in our current electrical distribution system it certainly seems like it should. One way to look into the future or see examples of how energy storage is used in smart grid applications is to have a look at what the U.S. Navy has been doing.

Navy ships historically have had mechanical, hydraulic and even steam-operated equipment on board. A Navy ship at sea has its own independent smart grid with multiple generation sources and a high requirement on the supply's reliability and capability. The ship needs to be able to go from economical cruising to full battle readiness within seconds. If there is an application where energy storage would be valuable, this is it.

One of the energy storage projects which the Navy is working on is the electromagnetic aircraft launch system (EMALS). Everyone has probably seen film footage with planes launched off aircraft carrier decks with the help of huge steam pistons located just below decks. This is still the way it's done today on modern aircraft carriers. But the Navy is planning to switch to a lighter, less maintenance-intensive linear motor that offers greater capability than current steam catapults.

The energy requirements of such electronic catapults are impressive. A 20-ton airplane needs to be accelerated to 200 miles an hour in about two seconds. This is equal to about 500,000 kWh or 0.5 MWh of energy. Remember that this energy is consumed in less than two seconds, so to maintain a constant acceleration much of that energy will be consumed in the last half second. Even if we spread the energy evenly across the two seconds the power required approaches 1,000 MW. This is equivalent to the power from larger utility steam turbines, which are obviously not practical to put onboard a Navy ship. So some type of energy storage is required.

There are multiple ways of storing energy: chemically, potentially or kinetically. A battery stores energy chemically, capacitors and pumped hydro store energy electrically and a flywheel stores energy kinetically. After evaluating the alternatives the Navy selected a flywheel system to provide kinetic energy storage for its EMALS project.

The principle behind the flywheel is that a relatively small generator can spin up or charge a flywheel over a period of, say, a minute and then take the power off the flywheel over a period of several seconds. Because it takes about a minute between aircraft launches on an aircraft carrier, the flywheel can be charged during this time. When called into action, utility-scale power can be delivered even if for only short periods of time.

Although energy storage may not be practical as a method for load following, there appears to be an application for energy storage on the finer side, frequency regulation. Earlier, we noted this is the most expensive electricity to the electric company, based on the general principle that the faster capacity can be supplied the more the utility will pay for it.

In Figure 2 the green line trending upward represents the electricity demanded and the blue line represents the supply and the utility's effort at load following. It can be seen the electric company increased the supply of electricity to meet increasing demand by about 400 MW between 7 a.m. and 9 a.m. Notice also that electricity demand is not a perfectly smooth line, but displays some randomness that cannot be predicted. The red line represents the difference between what is being instantaneously demanded and instantaneously supplied. When the red line is above zero as measured on the right-hand scale there is more electricity on the grid then is being demanded and the frequency is above 60 Hz. This is wasted energy. When the line is below zero there is not enough electricity on the grid and the frequency is below 60 Hz. In this example the supply line crosses the demand line about 10 times each hour.



This presents a huge opportunity for energy storage technologies as today this variability is dealt with by the electric company telling its contracted suppliers either to turn turbines on or off on a per-minute or per-second basis.

It can be seen in the example that a 1 MWh capacity energy storage device could have been completely charged and discharged five times in each hour meaning that 5 MWh of electricity could have been sold in a single hour. In contrast a 1 MW radiated wind turbine would require one hour to generate 1 MWh of electricity under the best wind conditions. The price for electricity in the regulation market is about 10 times what can be negotiated in a power purchase agreement for wind energy. This is not to disparage wind generated electricity; the object here is to point out the possibility of realizing healthy returns on investments in the energy storage sector and reducing carbon output from the dirtiest generators.

Returns on an energy storage investment targeted at frequency regulation are also more predictable than other renewable energy efforts as frequency regulation is a problem that needs to be addressed 24 hours a day, 365 days a year. It is also a safer and easier way to implement investment. In the case of flywheels they are sustainable, having no limitation on their cycle capability, no gearbox to wear out and no visible presence.

When you consider that almost 4 TWh of electricity were generated in the United States in 2008 a 1 percent regulation market would represent 40 GWh for profit opportunity. Energy storage for frequency regulation would also be one of the most cost-effective alternatives to carbon capture, or for earning carbon credits. Remember, eliminating the dirtiest 1 percent of turbines by definition means eliminating more than 1 percent of all the carbon generated.

Other significant advantages exist for grid reliability and safety. For example, the ability to distribute electric potential away from actual generators and close to demand centers or substations increases energy storage system effectiveness. This is especially true with other ancillary services like reactive power and voltage support, which are much more effective when implemented locally rather than trying to affect them through transmission lines. And last but not least, energy storage systems with the capacity to supply large power ratings for short periods of time (like our 1 MWh-capacity flywheel that could supply 30 MW of power for two minutes) are one way to make up for instantaneous outages and offer time to get other generators started.

So why don't we already have more energy storage built into our grid distribution system? There are multiple answers to this question. One is that energy storage technologies with the capacity to deal with utility-scale demand–including the Navy's recent accomplishments–are only just being developed. A second is that the cost of natural gas or even kerosene used in frequency regulation turbines has been relatively low and there is no additional cost penalty to the turbine for being dirty, in other words no carbon tax. A third is that frequency regulation has been perceived as a marginal issue and not as sexy as wind turbines or solar power to talk about. And probably the most significant reason is that electric companies typically are not inclined to pay what these services are actually worth. Rather antiquated rules currently govern much of the contracting of purchase agreements for providing the marginal power for frequency regulation.

Considerable opportunity exists for utility-scale energy storage. Just as the Department of Energy is making an effort to bring market forces to influence the use of electricity, it also should apply the same emphasis in using market forces to influence the way electric utilities procure electricity. This would be faster to deploy than demand response through smart meters and could be stimulated simply by changing rules and laws rather than throwing billions of dollars at it.

Drew Devitt is chief technical officer at New Way Energy LLC.

renewableenergyworld.com

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To: Mephisto who wrote (3655)3/2/2010 10:16:49 PM
From: coug
   of 3961
 
Hi Mephisto,

Thank you for the note..

We will be soon heading up to Idaho to meet with my brother and his wife at a resort area for a few days.. Just to get togehter and have some good talks and walks.. :).. Just kind of meet and greet as a late winter break.. I'd rather be heading south but he wanted to meet there.. He has a Helluva time getting far away with calves being born now and such..:(

We have not seen Doubt.. Actually we have seen a few films that are nominated for various things, Invictus, Up in the Air, Avatar, etc. They were all great.. We also saw a film on TV, called Temple Grandlin that we really liked and could relate to.. It was about a young woman with Autisim that moved on past her "disability" to get a college degree in animal husbandry and helped the beef industry in this country develop more humane ways to get our "meat"..

Gabe is doing fine and is ready for Spring as we are waiting for the same.. :)

Take care and always love,

M n' M..

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To: coug who wrote (3657)3/2/2010 10:40:27 PM
From: coug
   of 3961
 
Thinking more about Temple Grandlin..

It really struck a chord with me as I grew up on a ranch seeing it all, "the good, the bad and the ugly".. We, our place, tried to keep it as humane as possible, but that's really IMPOSSIBLE, considering the state of things in that society at that time and if one is to raise another life, for beef or chicken or lamb or fish, only to EAT..

"They" didn't care or know.. But we tried to do the best we could..

But it wasn't good enough..:(

But we tried to do it as good, as one could it.. We weren't "trying" to be cruel at the time, to send these innocent lives on to those in the city or suburbs and their supermarkets, THAT never gave a thought to where that life came from.. It WAS just THERE in the meat counter for them... We and THEY didn't know any better..

Actually ALL meat eaters, animal, fish or fowl SHOULD kill their own meal sometime and look into the other's eye before they have to die.. Maybe they would get a wake up call.. Hopefully, but who knows??

We understand, so we will NEVER eat veal, lamb or ANY other cruelly fed force fed bird or animals and their organs.. Especially where they force feed so very cruelly in a small space, like geese to make, FORCE FEEDING, fois de gras, a "delicacy" or whatever it is called.. One of the most cruel of ALL and it says so much for those that will consume and condone that practice.... ;(

People that do or ENABLE that kind of behavior are just NOT GOOD people.. :(

They are just f'ng cruel and no good.. :(

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From: coug3/12/2010 9:32:16 AM
   of 3961
 
.Beacon Power Connects Flywheel Energy Storage System to California Wind Farm
Project intended to demonstrate transmission line capacity enhancement and facilitate wind power growth


Press Release Source: Beacon Power Corporation On Friday March 12, 2010, 9:04 am
TYNGSBORO, Mass.--(BUSINESS WIRE)--Beacon Power Corporation (Nasdaq: BCON - News), a leading provider of advanced products and services to support a more stable, reliable and efficient electricity grid, today announced that it has shipped, installed and successfully connected a Smart Energy™ 25 (Gen 4) flywheel energy storage system at a wind farm in Tehachapi, California. The system is part of a wind power/flywheel demonstration project being carried out for the California Energy Commission.

The primary goal of the project is to demonstrate that advanced control technology with energy storage can help expand the delivery of wind energy by effectively increasing the capacity of constrained transmission facilities in the area. Tehachapi, California, is a high-potential wind resource area where, according to a report from the California ISO, up to 4,200 megawatts of wind power may be added in the coming years.

“Successfully integrating renewable energy onto the grid is one of California’s top energy priorities. As California builds the infrastructure to achieve 33 percent renewable energy resources by 2020, this research will be important in operating the transmission grid with more renewables in the future,” said Energy Commissioner Jeffrey Byron.

“In collaboration with the Commission’s Public Interest Energy Research (PIER) program, California ISO, and PG&E, Beacon Power completed a successful research project and field demonstration on the value of energy storage for maintaining reliability on the grid. It helped us better understand the communications and system control issues associated with integrating energy storage onto California’s electrical grid,” said Byron.

“This is the first Gen 4 flywheel that we’ve shipped, installed and operated outside of Beacon’s facility, and it went very smoothly,” said Bill Capp, Beacon president and CEO. “It’s also the first of our systems intended to show how energy storage can help optimize the output of a wind farm. We’re pleased with the continuing good relationship we have with the California Energy Commission and the California ISO as they address the challenges of deploying intermittent renewable energy resources.”

The project will incorporate “intelligent agent” controls and Beacon’s flywheel energy storage technology to demonstrate how to enable as much wind-generated electricity to be delivered as possible without exceeding the limits of the locally constrained transmission system. Energy storage and intelligent agent control technology have been identified as key elements of the Smart Grid, a U.S. DOE-funded and industry-supported initiative to modernize the country’s electrical transmission systems and make possible more efficient delivery of power, along with a more flexible, robust, and reliable grid.

Under the scope of this project the Smart Energy™ 25 flywheel will normally provide frequency regulation. However, during times when the local sub-transmission line becomes constrained due to lack of reactive power or thermal overload, intelligent agents will override the regulation function and direct the flywheel to take action that in a full-scale commercial system would help alleviate the constraint. Once the constraint is resolved, the system will return to its primary function of performing frequency regulation. In this way the project will provide proof of concept of how flywheel energy storage can deliver additional value to a grid operator beyond its main function of frequency regulation.

In addition to the California Energy Commission, which is funding the project, and Alternative Energy Systems Consulting (AESC), the prime contractor, other leading stakeholders include the California Independent System Operator (ISO) and Southern California Edison.

finance.yahoo.com

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From: coug3/17/2010 12:58:23 PM
   of 3961
 
Beacon Power Corporation designs, develops,
and commercializes advanced products and
services to support stable and reliable electricity
grid operation. Its Smart Energy Matrix is a nonpolluting,
megawatt-level, utility-grade flywheelbased
energy storage system that provides
sustainable frequency regulation services, an
energy-balancing service required by every
modern grid. The Company was founded in 1997
and is headquartered in Tyngsboro, Massachusetts.
50 Engineers Road, Hauppauge, NY 11788 * T: (631) 701-2345 * www.hirschintl.com
• Global leader in flywheel energy storage technology
» Validated technology; 3 MW of flywheel energy storage in operation performing
frequency regulation service on the ISO-NE power grid and earning revenue
• Poised to expand rapidly as the Company capitalizes on positive market trends and continues
deployment and commercialization of its proprietary flywheel technology
» Construction under way of first full-scale 20 MW plant in Stephentown, NY
• Recurring revenue model with high margins; Up to 80% EBITDA margin
• Long-term positive pricing trends and expectations; Favorable market tariffs directly support
Company business model
• Sustainable competitive advantage based on strong IP position; Company holds more than
60 U.S. and international flywheel-related patents
• Scalable business model
» Sufficient manufacturing capacity in place to build two 20 MW plants annually
» Modest incremental investment ($4-5 million) could expand production capacity to five
20 MW plants annually
• Significant financial support from the U.S. Department of Energy (DOE)
» First public company to receive DOE loan guarantee commitment (announced July 2009);
approximately $43 million of debt financing to be funded by the U.S. Treasury’s Federal
Financing Bank, to help fund 1st full-scale 20 MW plant in NY
» Awarded $24-million DOE stimulus grant (November 2009) to be applied to costs of 20
MW flywheel energy storage plant in the PJM Interconnection
• The worldwide market for regulation services is large
» Estimated $4-8 billion annually, with open U.S. markets representing about $1 billion
» Company has initiated activities in Europe and is investigating China and Japan
• Proven and experienced management team
Key Statistics
(as of March 2010)
Symbol...............................................BCON
Market Cap..................................$53.15M
Shares Outstanding................129.75M
52-Week Range...................$0.33-$1.09
Management
F. William Capp
President and Chief Executive Officer
Matthew L. Lazarewicz
Chief Technical Officer
James M. Spiezio
Vice President of Finance
Chief Financial Officer
Investor Relations
The Investor Relations Group
11 Stone Street
New York, NY 10004
Tel.: (212) 825-3210
Fax: (212) 825-3229
IRGnews.com
Tom Caden
Erika Moran
65 Middlesex Road • Tyngsboro, MA 01879 • www.beaconpower.com
Company Overview
Investment Highlights
Following successful pilots in New York and California, the Company is now operating 3 MW of
utility-grade flywheel energy storage on the ISO-NE power grid in Massachusetts. The Company
has broken ground and is building its first full-scale 20 MW plant in Stephentown, NY, funded by a
combination of a $43 million DOE loan guarantee and Company equity. In November 2009, DOE
announced a grant award to the Company of $24 million, which will finance half the cost of a
second full-scale 20 MW flywheel energy storage plant in the PJM Interconnection.
Beacon Power Regulation Plant in Stephentown, NY
(Artist rendition)
Disclaimer: The information disseminated by the Investor Relations Group (“IRG,” “us” or “we”) is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. We do not
undertake or purport to render any investment advice or recommendations for the buying and selling of securities. Companies that are profiled may have engaged our services to perform investor
relation services including promotional services and the placement of the profiled companies on our website. IRG’s compensation for such services has been or will be made in cash and or issuance
of securities of the profiled company, the amount or type of compensation is available upon request. We may liquidate any securities that we receive as compensation when deemed appropriate to
do so. The assembled information herein is based on information supplied by the company, press releases, SEC filings, or from other sources believed to be reliable as of the date of the report on the
featured companies, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. It is subject to change without notice. IRG and its affiliates are not, nor claim
to be: brokers, broker-dealers, market makers, investment bankers, advisors, analysts or underwriters. Information in email alerts, Fact Sheets and other forms of informational media provided by us
will contain “forward looking statements” as defined under Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Forward looking statements are subject to
a number of known and unknown risks and uncertainties outside our control that could cause actual operations or results to differ materially from those anticipated. The cautionary statements made
herein should be read as being applicable to all related forward-looking statements wherever they appear on this site or in other communications. We encourage you to visit the Securities Exchanges
Commission web site sec.gov.
Technology
Regulatory and Market Environment
A flywheel is an electro-mechanical energy storage device that converts electrical energy into
rotational (or kinetic) energy, and vice versa. It consists of a large cylinder levitated on magnetic
bearings in a near-frictionless environment that spins inside a vacuum housing. Although
simple in concept, the current fourth-generation Beacon flywheel system is the result of over
$200 million of investment and is protected by significant intellectual property in the form of
patents, know-how and software. Flywheels recycle electricity from the grid by absorbing it
when the supply is greater than demand, then injecting it back when needed to meet demand,
thereby stabilizing the frequency of the grid. This technology has a number of performance
advantages, including: extremely high cycle life, low operating costs, fast response and zero
direct greenhouse gas emissions. Gen4 25 kWh/100 kW Flywheel
The primary method used to supply frequency regulation today is to ramp slow-moving fossil
fuel power plants up and down, which produces significant emissions. These generators also
incur the costs of higher fuel consumption, increased maintenance and a loss of energy sales.
Flywheel-based regulation is faster and more responsive, uses no fuel, and requires minimal
maintenance. In addition, the low operating costs of flywheel technology, combined with
existing market mechanisms for establishing prices, result in EBITDA margins of up to 80%.
Flywheels provide more reliable regulation, while generating zero direct emissions. As shown
in the chart to the right, based on a study funded by the DOE, the flywheel is on the forefront of
“green” technology and has proven to be much more effective compared to other generation
0
20
40
60
80
100
120%
I deal
Resource
Flywheels Average
California
Hydro
Combustion
T urbine
Steam
T urbine
Combined
Cycle
Percent Effectiveness, as compared to 'State-of-the-Art'
Within each Independent System Operator (“ISO”), there is a market tariff
and set of market rules that determine who is allowed to bid into regulation
markets, how much regulation providers are paid for their services, and
what costs providers incur to participate. The New York ISO, Midwest ISO,
and PJM Interconnection markets now have tariffs that enable energy
storage-based frequency regulation. The Company is continuing to
leverage FERC Order No. 890, which requires ISOs to open their regulation
markets in other areas.
The Company’s strategy is to build merchant plants in open-bid markets,
and sell turnkey systems in regulated markets, both in the U.S. and abroad,
where the system costs will be included in the rate base.
and regulation technologies, including pumped hydro and combustion turbines, the current workhorses of frequency regulation technologies.
FERC has acknowledged that some storage technologies (such as flywheels) can respond faster and more accurately to regulation signals,
and that market tariffs that provide higher compensation may be appropriate.
Recent Developments
1/7/10: Beacon is now able to compete on a favorable basis in the Midwest Independent System Operator (Midwest ISO) frequency regulation
market, thanks to the latest in a series of supportive rulings by the Federal Energy Regulatory Commission (FERC).
12/17/09: Beacon successfully connected and integrated an additional megawatt (MW) of flywheel energy storage on the New England
power grid. This brings to 3 MW the total capacity now in operation and earning revenue from frequency regulation services.
12/9/09: Beacon has consummated the sale of 38.1 million units at a price to the public of $0.544 per unit, as previously announced on
December 4, 2009. Net proceeds, assuming no exercise of the warrants and additional investor rights warrants, and after underwriting
discounts and commissions and estimated expenses, are approximately $19.2 million.
11/24/09: The U.S. Department of Energy (DOE) awarded Beacon Power a stimulus grant valued at $24 million, for use in the construction of
the Company’s second 20 MW flywheel energy storage plant, to be located in Chicago, Illinois.
11/19/09: Beacon Power was joined today by state and local officials at a formal groundbreaking event in Stephentown, New York, signaling
the start of construction for the nation’s first full-scale 20-megawatt (MW) flywheel frequency regulation plant.

irgnews.com

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To: coug who wrote (3660)3/17/2010 2:42:46 PM
From: Suma
   of 3961
 
I AM TOO OLD TO DO IT NOW. BUT I WOULD LOVE JUST LOVE TO HAVE AN ENERGY EFFICIENT HOME. MY OWN WATER. MY OWN ELECTRICTY..AND ONLY HAVE TO PAY FOR CABLE.

AND LOTS OF INSULATION SO HEATING IS LOW. MAYBE EVEN THERMO HEAT.

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