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CAES is a technology that transforms geographical features like salt caves, former mining sites, and depleted gas wells into powerful energy reservoirs, harnessing the ability to provide long-duration storage at a lower capital investment than other storage technologies like lithium ion. . CAES is a technology that transforms geographical features like salt caves, former mining sites, and depleted gas wells into powerful energy reservoirs, harnessing the ability to provide long-duration storage at a lower capital investment than other storage technologies like lithium ion. . Toronto-based Hydrostor Inc. is one of the businesses developing long-duration energy storage that has moved beyond lab scale and is now focusing on building big things. The company makes systems that store energy underground in the form of compressed air, which can be released to produce. . In Matt's latest video, he's looking into Compressed Air Energy Storage (CAES) for renewable energy storage. 76 billion from the US Department of Energy (DOE) to build the Willow Rock Energy Storage Center, a cutting-edge compressed air energy storage (CAES) system, in Eastern Kern County, California.
