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GKN buys Williams Hybrid Power

Fri, 04/11/2014 - 10:59 -- Anonymous
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GKN buys Williams Hybrid Power
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In a deal worth £8 million ($13 million), GKN is to acquire Williams Grand Prix Engineering’s flywheel energy storage business, Williams Hybrid Power (WHP).


Under the terms of the deal, WHP will become GKN Hybrid Power, and Williams Grand Prix Engineering will receive additional fees based on future sales and licences of the flywheel energy storage technology.

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Flywheels turn Scottish islands on to stable power

Fri, 02/21/2014 - 14:31 -- Anonymous
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The flywheel is a kinetic system that absorbs and transmits power to and from an electrical grid.
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Williams Advanced Engineering's flywheel technology is being used on the Scottish Isle of Eigg and Fair Isle to stabilise the power grid.

The installations are the first grid-connected flywheels used in a European energy network. Funding has come from the UK Department of Energy and Climate Change to balance power coming from the islands’ renewable power supplies.

The flywheels come directly from Williams Advanced Engineering who developed the technology for use in Formula 1 kinetic energy recovery system (KERS) but were not used because battery technology was chosen instead.

The flywheel is a kinetic system that absorbs and transmits power to and from an electrical grid. It spins at a high speed in an airtight container to store the energy as rotational energy that can be converted back to electrical energy by slowing down the flywheel. 

Robert Mitchell, director of Fair Isle Electric Company, explained the island's need for a flywheel:“Our two wind turbines produce more than enough power most of the time but they cannot store energy so this will be an excellent addition.”

Both islands rely heavily on intermittent renewable energy sources. The Isle of Eigg, in the Inner Hebrides, uses a bank of lead-acid batteries to store energy and smooth the supply. Fair Isle, south of the Shetland Island group, uses diesel generators when there is insufficient wind generation.

Beacon Power opens flywheel facility in Pennsylvania

Thu, 09/19/2013 - 10:43 -- Anonymous
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Beacon Power, a manufacturer of large flywheel energy storage systems, has begun commercial operation at its 20 MW flywheel energy storage facility in Hazle Township, Pennsylvania.

During construction, 30 jobs have been generated on the site, and all materials for Beacon’s flywheels were fabricated in the US, it said.

Beacon Power has experienced some turbulence. A couple of years ago, it was one of several companies to file for bankruptcy protection after receiving stimulus or large loan packages from the federal government.

In 2012, Beacon Power Corporation sold its then only plant in Stephentown, New York, to private investment firm Rockland Capital. Rockland acquired the assets and certain agreements of Beacon Power Corp. and placed them in a privately-owned company named Beacon Power LLC.

 

 

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