article thumbnail

DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

Green Car Congress

The project will evaluate a wider range of applications for lithium-ion batteries that will spur broader demand for the technology, bringing production to a scale that will make this form of large energy storage more affordable. 24,978,264. 53,510,209. Beacon Power Corporation (MA). Beacon Power 20MW Flywheel Frequency Regulation Plant.

article thumbnail

Toyota Concerned About Market Viability of Plug-ins, Sees Clear Path to Commercialization of Fuel Cell Technology in 2015

Green Car Congress

O’Brien was speaking at the California Air Resources Board’s ZEV Technology Symposium in Sacramento, California. It is not enough to build niche vehicles that only a few can afford to buy or fulfill only a small subset of customer needs. Michael O’Brien.

Plug-in 236