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Monday June 25, 5:06 pm Eastern Time Press Release SOURCE: Beacon Power Corporation DQE Enterprises and Duquesne Light Select Beacon Power`s Flywheel Systems For Field Trials WILMINGTON, Mass., June 25 /PRNewswire/ -- Beacon Power Corporation (Nasdaq: BCON - news), an energy technology company that provides solutions for high- reliability powering applications through innovative flywheel technology, has reached an agreement with DQE Enterprises and Duquesne Light to purchase Beacon Power`s model 20C1000 flywheel energy storage systems (FESS) to provide standby power at their customers` remote terminal sites in the Pittsburgh area. The flywheel system will replace existing battery-powered back-up systems. Beacon`s 20C1000 flywheel is the first non-battery powered back-up system that offers a dependable, long-lasting and cost-effective alternative to lead-acid battery back-up systems. ``DQE Enterprises and Duquesne Light Company are very pleased to be offering Beacon`s flywheel products to DQE`s commercial customers that have special needs for enhanced standby power solutions,`` said Thomas Hurkmans, President of DQE Enterprises. ``We believe that our customers will benefit tremendously from Beacon`s flywheel technology.`` Duquesne Light`s Jeff Coward, Manager, Planning and Analysis said, ``Some of our commercial customers have unique requirements for enhanced standby electric service. Our challenge is to help our customers meet these unique requirements. We`re excited about the potential of flywheel energy storage technology and want to position our company as a source of leading-edge technology solutions for our customers.`` ``We developed our flywheel systems specifically to meet the long-duration power quality needs of the market,`` stated William E. Stanton, president and CEO of Beacon Power. ``Our units offer improved reliability and longevity versus battery systems, resulting in better performance and an improved return on investment to the customer. We appreciate the opportunity to demonstrate the advantages of our products to great companies like DQE Enterprises and Duquesne Light.`` About Beacon Power`s Flywheel Energy Storage Systems Beacon`s flywheel energy storage systems provide highly reliable power via a composite flywheel rotating on near-frictionless magnetic bearings within a vacuum chamber. When primary power is lost, the flywheel`s stored mechanical energy is instantly and automatically converted into reliable electrical power, allowing operations to continue without interruption. The 20C1000 product, designed specifically for the telecommunications and broadband cable industries, provides up to 1 kilowatt of continuous electrical power and, at various power levels, is capable of supporting user operations for up to ten hours. Beacon`s FESS offers a number of benefits when compared to conventional lead-acid battery systems, including highly reliable, maintenance-free performance; remote monitoring to ensure certainty of operation; stable performance over a wide temperature range and through thousands of charge- discharge cycles; and more rapid recharging than conventional batteries. About DQE Enterprises DQE Enterprises is a wholly owned subsidiary of publicly traded DQE, Inc. (NYSE: DQE - news) and a founding shareholder of Beacon Power Corporation. DQE is a growth utility, delivering essential products and related services, including electricity, water, gas and communications, to more than one million customers throughout the United States. DQE combines its extensive utility delivery expertise with leading-edge technology to create greater value for customers and shareholders. DQE Enterprises acquires, develops and invests in businesses involved in energy services and technologies, communications and electronic commerce. DQE Enterprises` companies use technology to enable customers to derive greater value from essential services and help utilities extend their business reach by better utilizing their customer base and technology infrastructure. For more information, please contact John Laudenslager, DQE, Inc., 412-393-1502, email laudenslager@dqe.com or visit DQE`s Web site: www.DQE-enterprises.com. About Duquesne Light Company Duquesne Light Company is a wholly owned subsidiary of publicly traded DQE, Inc. (NYSE: DQE - news). Duquesne Light is a leader in the transmission and distribution of electric energy, offering technological innovation and superior customer service and reliability to more than half a million direct customers throughout southwestern Pennsylvania. For more information, please contact John Laudenslager, DQE, Inc., 412-393-1502, email laudenslager@dqe.com or visit Duquesne Light`s Web site: www.duquesnelight.com. About Beacon Power Corporation Beacon Power Corporation designs, manufactures, and markets advanced flywheel technology products that provide reliable electric power required by the information economy. Beacon Power Corporation is the only company to have developed a flywheel made from proprietary composite materials that can store and deliver the energy needed for long-duration backup of remote communications sites. Beacon Power Corporation is initially targeting this $4 billion communications segment of the $12 billion power quality and reliability market with products that offer significant advantages over environmentally hazardous lead-acid battery back-up power systems, including higher reliability, longer life, reduced maintenance, quicker recharging, remote monitoring and environmental friendliness. For more information, please contact Tom Nealon, Director of Investor Relations at Beacon Power Corporation, 978-694-9121; fax 978-694-9127; email ir@beaconpower.com; or write to 234 Ballardvale Street, Wilmington, MA 01887. Visit Beacon Power on the Internet at www.beaconpower.com |
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| aus der Diskussion: | DIE alternative Energiequelle, das FLYWHEEL-system ? |
| Autor (Datum des Eintrages): | circuit (26.06.01 07:56:13) |
| Beitrag: | 1 von 16 (ID:3815914) |
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