Compressed air energy storage stores electricity by compressing air in underground caverns or tanks and releasing it later through turbines. The first utility-scale CAES project was in the Huntorf power plant in Elsfleth, Germany. This technology strategy assessment on compressed air energy storage (CAES), released as part of the Long-Duration Storage Shot, contains the findings from the Storage Innovations (SI) 2030 strategic initiative. Think of it like charging a giant “air battery.
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