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Flywheel energy storage systems store kinetic energy by constantly spinning a compact rotor in a low-friction environment. Beacon Power Corporation (NASDAQ: BCON) announced that the California Energy Commission, the state's primary energy policy and planning agency, has issued a press release that highlights the advantages and benefits of Beacon's flywheel energy storage technology for grid frequency regulation. The Company's primary business strategy is to commercialize its patented flywheel energy storage technology to perform frequency regulation services on the grid. |
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