1 Items

The world's first grid-scale, flywheel-based energy storage plant is being built in Stephentown, N.Y. The plant is being built by Beacon Power Corporation (NASDAQ: BCON) & is supported by a $43 million loan guarantee from DOE.

Beacon Power Corp. Photo

Report - Energy Technology Innovation Policy Project, Belfer Center

Transforming the Energy Economy: Options for Accelerating the Commercialization of Advanced Energy Technologies

"The focus of the workshop was on the demonstration stage of the technology innovation cycle. Current policies do not adequately address the private sector’s inability to overcome the demonstration "valley of death" for new energy technologies. Investors and financiers fear that the technology and operational risks at this stage of the cycle remain too high to justify the level of investment to build a commercial-sized facility."