Abstract

Abstract: Storage alternatives are becoming more critical as energy systems become more decentralised, specialised, and dependent on sporadic clean sources. This is because stable grids and supplies depend on reliable storage. Compressed Air Energy Storage is one technique that is still not being fully utilised. The development of renewable energy over the past 20 years has not been a complete success for grid operators. Decentralized assets that deliver power into the grid at unpredictable intervals are replacing the outdated model of energy production in massive, centralised power plants. The need for effective, sustainable, and affordable energy storage technologies is mostly motivated by the ensuing instability and grid management difficulties. Compressed air-based electricity storage is one of the technologies whose potential has not yet been fully realized. The idea of compressed air energy storage (CAES) is not new. These technologies are currently receiving increased attention due to the need to stabilize the grid, and are moving towards commercial viability thanks to market forces and carbon emission regulation.

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