System for Energy Regeneration and Distribution

Disclosed is a system and method for regenerating and distributing energy, such as employed on a vessel or floating offshore installation, the system including a first power distribution system, a second power distribution system electrically isolated from the first power distribution system, and a flywheel mechanically connected to both the first and second power distribution systems. Each of the first and second power distribution systems may include a motor/generator mechanically connected to the flywheel and a drive module electrically connected to its respective motor/generator. The flywheel drive modules may be connected to a common flywheel control module that includes a control algorithm for operating the system.