Wind and Compressed Air Energy Storage (CAES)
One of our cleantech investors here at 2GreenEnergy has expressed a great deal of interest in playing a key role in our wind energy project that will implement CAES. When I heard that news earlier this morning, I responded:
Good. It’s exciting stuff. When Wind/CAES takes off, it’s going to be a rocket-ride; I can tell you that much. The gating factor to the integration of huge amounts of wind (already almost 5% of the U.S. grid mix) is cost-effective storage, and CAES just could be the answer.