Active Power Ships First CleanSource XR Unit
Active Power Inc (ACPW) announced the shipment of its first CleanSource® XR evaluation unit to one of the largest producers of electricity in the United States. The CleanSource XR unit will be tested under a variety of conditions for both backup power and load-shifting applications. CleanSource XR stores energy in the form of heat and compressed air. When power is needed, the compressed air is routed through a thermal storage unit to acquire heat energy. The heated air spins a simple turbine-alternator to produce 5 to 85 kW of electric power for up to several hours. Unlike commonly...
Grid-based Energy Storage: Widely Misunderstood Challenges and Opportunities
John Petersen The most widely misunderstood subject in the field of energy storage is the potential for grid-based applications. They fire the imagination because the grid is so pervasive and the need is so great. They also present immense challenges to storage technology developers because the fundamental economic value per unit of grid-based energy storage is very low. While the subject of grid-based storage provides rich fodder for media reports and political posturing, the reality bears little relation to the perception. On March 9th, Lux Research published a sorely needed reality check in a new report titled "Grid...
Shares in Active Power Purchased
I currently don't have time to do a complete writeup on this stock, but wanted to let everyone know that I purchased shares in Active Power Inc (ACPW) this afternoon for both my personal portfolio and the mutual fund. The average price was at $3.77. I will updated this post later this afternoon with more details. Updated at 10:00 PM As I mentioned above I purchased shares in Active Power Inc (ACPW) this afternoon for both the mutual fund and my personal portfolio. Active Power designs and sells battery-free uninterruptible power supply (UPS) systems....
SatCon Receives a Follow-on Order For a Second Rotary Uninterruptible Power Supply from NIST
SatCon Technology Corporation (SATC) announced that it has received a follow-on purchase order for a second 2200 kVA Rotary Uninterruptible Power Supply (RUPS) on a government contract valued in excess of $1.1 million. SatCon's StarSine(TM) Rotary UPS is designed to provide both high quality electrical power during normal operation, as well as prevent any interruption of electricity to critical manufacturing processes, telecommunication centers, data centers, and healthcare facilities in the event of power grid failures such as black-outs and brown-outs. The RUPS is connected directly to SatCon's patented flywheel for short duration power disturbances and is integrated...
Beacon Power Announces Major Patents for Flywheel Technology
Beacon Power Corp (BCON) announced that it has recently been awarded a United States patent for the unique design and construction of its composite flywheel rim, and that a few days ago, it received a written notification that another U.S. patent on the rim is to be granted in early February 2005. The composite rim is a key component of a flywheel energy storage system, as a rim's mass and ability to spin at high speeds have a direct relationship to the amount of energy that can be stored. Beacon Power, a pioneer in this technology, has been...
Active Power Receives 6 MW Order from Eaton Powerware
Active Power Inc (ACPW) announced an order from Eaton Powerware for twelve 500 kW DC flywheel systems. These units will ship in the first half of 2006 and be used to upgrade the power infrastructure of an existing data center in the United States.
California Energy Commission Awards Beacon Power $1.2 Million Contract for Major Energy Storage Project
Beacon Power Corp (BCON) announced that it has executed a contract with the California Energy Commission to demonstrate an advanced energy storage solution for frequency regulation and grid stability. At a business meeting on December 1, 2004, the California Energy Commission had given its approval to the project, leading to contract negotiations that have now been finalized. The contract is expected to produce approximately $1.2 million of revenue, with the majority of it in 2005.
Beacon Power Announces Award of Phase II SBIR Contract for Advanced Flywheel Energy Storage...
Beacon Power Corp (BCON) announced that it has been awarded a contract through the Air Force Research Laboratory (AFRL), and co-funded by the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense. The contract, valued at $750,000, is for the preliminary design of a space-based flywheel energy storage system for satellite applications, and is a Phase II award under the Small Business Innovation Research (SBIR) program of the U.S. Small Business Administration's Office of Technology. Beacon announced completion of an associated Phase I project earlier this year. This was welcome news for this company...
Beacon Power Delisting Stayed by Nasdaq
Beacon Power Corp (BCON) announced that on November 17 it received a letter dated November 16, 2004 from the Nasdaq Stock Market, stating that the Nasdaq Listing Qualifications Panel has granted the Company an additional 180 days to regain compliance with marketplace Rule 4310(c)(4). What this means is that Beacon is going to do everything in its power to get the stock price back above $1. They had a nice run up to .80 in October but have since fallen back down to the .40 range. Shares in BCON are up 10% today on this reprieve.
NanoMarkets LLC Forecasts $8.3 Billion Annual Market For Smart Grid Batteries By 2016
In August of last year I wrote an article titled "Grid-based Energy Storage: Birth of a Giant." Over the last 12 months I've written a series of follow-on articles that discuss the principal classes of manufactured energy storage devices and the companies that are making or planning to make products for smart grid energy storage applications. My entire archive of articles on the energy storage sector is available here. One of the biggest problems I've encountered over the last year has been a dearth of reliable third party information that can help investors understand the breadth and...
Hype Busters From Lux Research Explain Grid Based Energy Storage
John Petersen In 1883 Thomas Edison said, "The storage battery is one of those peculiar things which appeals to the imagination, and no more perfect thing could be desired by stock swindlers than that very selfsame thing. ... Just as soon as a man gets working on the secondary battery it brings out his latent capacity for lying." The problem isn't so much the batteries, which haven't improved all that much over the last century. Instead, the problem lies in the fertile imaginations of scientists, engineers, politicians, ideologues, analysts and investors who focus on new energy...
A Very Smart Plan for Federal Smart Grid Grants
In mid-February President Obama signed the American Recovery and Reinvestment Act of 2009 (ARRA), a massive spending bill that spawned gigabytes of analysis and comment from bloggers like me. Unlike many, I've tried to stay politically agnostic and focus solely on the economic impact of ARRA on companies that manufacture batteries and other energy storage devices. From that limited perspective, everything is wonderful! The principal energy storage appropriations included in the ARRA were: $4,500,000,000 for grants for “Electricity Delivery and Energy Reliability” including activities to modernize the electric grid, include demand response equipment, enhance security...
Energy Storage: A Bloody Q3 is Creating a Great Buying Opportunity
John Petersen Tom Lehrer is frequently credited with a quip that perfectly summarizes my feeling about the financial markets in the third quarter, "Apart from that Mrs. Lincoln, how did you enjoy the play?" During the quarter we were given box seats to classic political opera in two acts. Act One was set in Washington DC while Act Two moved to Europe so we could hear the same tortured songs of woe in a different language. We all know the opera has to end with the immensely popular "Kick the Can Chorus," but we suspended disbelief, bought into...
Active Power Receives 11-Megawatt UPS Order
Active Power Inc (ACPW) announced an order from Caterpillar Inc. for eleven one-megawatt flywheel UPS systems. The majority of these systems will be shipped during the current quarter and will be used to provide power protection for a large datacenter in the United States.
List of Electricity Storage Stocks
Electricity storage stocks are publicly traded companies whose business involves the storage of electricity. They include battery stocks and hydrogen stocks (see links), while companies involved in other storage technologies such as pumped hydro energy storage, Compressed Air Energy Storage, capacitors, flywheels, and thermal storage are listed here.
This list was last updated on 3/22/2022.
Dais Analytic Corp. (DLYT)
Dresser-Rand Group (DRC)
Fluence Energy, Inc. (FLNC)
Graftech International (GTI)
Highpower International (HPJ)
Kemet Corp. (KEM)
Maxwell Technologies Inc (MXWL)
If you know of any energy storage stock that is not listed here and should be, please let us know by leaving a comment. Also for stocks in the...
Active Power – A Solid Investment Opportunity And A Valuable Object Lesson For Investors
John Petersen In December 2008 I went hunting for opportunities in the energy storage sector and selected six pure-play stocks that seemed seriously undervalued. I bought Enersys (ENS) at $6.00, Exide Technologies (XIDE) at $2.00 and Active Power (ACPW) at $0.26. While Enersys and Exide have been fabulous performers with appreciation to date of 442% and 397%, respectively, Active Power has been the runaway champion with appreciation to date of 923%. My other three picks have performed poorly. C&D Technologies (CHHP.PK) is down 96% and finalizing a restructuring that will give 95% of its equity to...