Replies to post #1729 on Beacon Power Corp. (fka BCONQ)

[chefdujour]

should bcon fail to push through .54 today it will be considered a triple top and usually means it will test the recent lows once again, personally I don't think it will fail today. Bcon closes above or at .54. jmho

[jever0]

BCON GOING INTERNATIONAL TOO!!!
“National Grid is one of the largest investor-owned utility companies in the world, with an extensive footprint in the United Kingdom as well as the northeastern U.S.,” said Bill Capp, Beacon Power president and CEO. “Prior to this agreement, we collaborated closely with National Grid in 2006 and 2007 on our demonstration system in Amsterdam, New York, as well as more recently on three interconnection projects in Massachusetts and New York. We believe that additional benefits can come from the broader sharing of information provided by this new agreement.”

Beacon Power and National Grid will focus on the sharing of technical information and performance results for Beacon’s Smart Energy Matrix, the energy storage-based regulation resource that Beacon is now operating under ISO New England’s Alternative Technologies Program. The two companies will also be sharing technical information and analysis of the potential economic and performance benefits of fast-response flywheel regulation and wind-related ramp mitigation, in both the U.S. and the United Kingdom.

Ramp mitigation refers to the ability of regulation and reserve generation units to quickly compensate for a rapid system-wide change in aggregate power output caused by sudden changes in power production. As an intermittent resource, wind power generation often experiences rapid fluctuations in power output. As the amount of wind generation on the grid increases, many grid operators foresee the need to increase total regional ramping capacity to maintain proper energy balance.