The plant, located in Stephentown, utilizes 200 high-speed Beacon flywheels for providing fast-response frequency regulation services to the New York grid with no fuel consumption.

New York State Energy Research and Development Authority president and CEO Francis Murray Jr said that a goal has been set to meet 45% of New York’s electricity needs by 2015 through a combination of investments in energy efficiency and renewable energy.

"Beacon Power’s flywheel plant is exactly the kind of technology investment we need if we’re going to accomplish this important objective," Murray said.

Beacon Power designs, develops and commercializes products and services to support stable and reliable power grid operation.