The Company and its subsidiary designs, develops, configures and expects to begin offering for sale, products and services to support more reliable and cost-effective electricity grid operation.
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Beacon has found a way to store electrical energy in form of mechanical energy between times of low and high demand, which means that the expansion of utilities for the power generation can be delayed, and the problems of blackouts may be lessened.
Also the rotating storage units can be used instead of batteries, saving the environment from potential chemical refuse.
It's a startup, but the potential is there...