Jed,
I played around with super flywheels in my youth, wanting to use one to power a car. I wish I could see what Abigail Carson has come up with that is new. It is a well explored field and I doubt that there are many possibilities to improve the structure of the flywheel itself. I'm guessing that the suspension is using permanent magnets but there are problems holding the magnets in the rotating part due to the centrifugal force. The other problem is transferring the energy. Possibly using static coils? A motor/generator won't run at that speed due to the centrifugal forces.

On 8/4/2016 10:54 AM, Jed Rothwell wrote:
See:

http://www.lancaster.ac.uk/news/articles/2016/lancaster-engineering-student-designs-revolutionary-energy-storage-solution/

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