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Beacon Power Corporation Flywheel-based Frequency Regulation Services Prepared for:

Beacon Power Corporation Flywheel-based Frequency Regulation Services Prepared for: NE-ISO Market Committee October 9, 2007. Safe Harbor Statement.

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Beacon Power Corporation Flywheel-based Frequency Regulation Services Prepared for:

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  1. Beacon Power Corporation Flywheel-based Frequency Regulation Services Prepared for: NE-ISO Market Committee October 9, 2007

  2. Safe Harbor Statement This presentation contains forward-looking statements, including the Company's beliefs about its business prospects and future results of operations. These statements involve risks and uncertainties. Among the important additional factors that could cause actual results to differ materially from those forward-looking statements are risks associated with the overall economic environment, the successful execution of the Company's plan of operation, changes in the Company's anticipated earnings, continuation of current contracts, changes in gaming and other applicable regulations, and other factors detailed in the company's filings with the Securities and Exchange Commission, including its most recent Forms 10-K and 10-Q. In addition, the factors underlying Company forecasts are dynamic and subject to change and therefore those forecasts speak only as of the date they are given. The Company does not undertake to update them; however, it may choose from time to time to update them and if it should do so, it will disseminate the updates to the investing public. 2

  3. Who Is Beacon Power? Provider of flywheel-based regulation services NASDQ listing: BCON Based in Wilmington, MA ~ 50 employees 10-years in development; $160 million invested Technology approved by CAISO, NYISO, PJM 3

  4. Demonstration Unit – Outside View • Tested in California for 18 months; used live ISO signal • Tested for 12 months in New York following frequency • Independently monitored by DOE, Sandia National Labs • Very high system availability

  5. Results – Typical Response - August 2,2006

  6. Demonstration Unit – Inside View Commercial Status • Certified by CAISO December, 2006 • Qualified by NYISO March 2007 • Approved by PJM Interconnection June 2007

  7. U.S. Markets for Regulation Services ISONew England MISO NY ISO PJM Interconnection California ISO ERCOT ISO • Open frequency regulation markets: >$650 million (2006) • Midwest ISO market expected to open in 2008 7

  8. Flywheel Regulation Advantages Smart Energy Matrix Full response to signal in four seconds Available separately – without generation Low operational cost (no fossil fuel) Zero carbon emissions High reliability; 20-year projected life Frees generation capacity (1- 3%) 8

  9. CO2 Reduction From KEMA study: 20 MW of Regulation over 20-year operating life Metric Tons CO2 8hr/day 8hr/day Up to 80% reduction in CO2 emissions vs. present methods 9

  10. Flywheel Product Evolution 2001 2000 2004 2006/2007 Gen 1 Telecom Gen 2 Telecom Gen 3 Grid Gen 4 Grid 2006/2007 Apr 2008 • Over 500,000 hours of operation in the field Successful demonstrations in California and New York Service revenue starts 10

  11. Smart Energy Matrix 20 MW Plant (Preliminary design) See animation at www.beaconpower.com 11

  12. Outdoor Substation-Style Design • Flywheels mounted in pre-cast housings • Factory-built 1-MW modules • Minimal on-site construction • Reduce cost and time to build

  13. Achievements and Milestones 2006 DOE contract to design 20 MW regulation plant First operation of Smart Energy 25 flywheel • Q1-2 07  $10.6 million new investment • Approved for grid connection in CA, NY, PJM • Sep 07  $10 million new investment • Smart Energy 25 achieves full performance • Complete 20 MW plant design, choose location • Nov 07  Open new HQ/manufacturing facility • Jan 08  Commercial production in new facility • Apr 08  First service revenues (1 MW) • Q4 0810 - 20 MW capacity in service 13

  14. FERC Perspective FERC Rule 890 • Designed to help insure nondiscriminatory grid access, create more openness and transparency in grid operation, promote competition in power markets and strengthen the reliability of the power grid • Specifically calls for: • Use transmission more efficiently by eliminating artificial barriers to use of the grid • Facilitate use of and access to clean energy resources • DSM must get equal treatment to generation; don’t call regulation “AGC” anymore 14

  15. Challenges to Market Entry • Must be a “generator” • Minimum regulating range of 10 MW • EMS software changes required at ISO • Signal today is only positive number • EMS software resources limited due to upcoming Capacity Market launch 15

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