I was fortunate enough to have a chance to visit the Williams garage in Singapore and had a quick chat with one of the engineers about the future of their flywheel KERS.
What they basically told me was that the packaging for the flywheel KERS isn’t nearly as space efficient as that of a battery KERS – i.e. it’s a better match for GT/endurance racers like the GT3 Hybrid, but not as good a fit for the demanding space/weight/CofG requirements of F1. As such, they are looking into commercial and alternative applications for their flywheel KERS while going with battery KERS in F1 (they declined to state whether it would be developed in-house or a customer system).