Wind Energy and Compressed Air Energy Storage Represent Environmentally Friendly Baseload Power
In a discussion of one of our cleantech investment opportunities that happen to implement wind energy with compressed air energy storage, a friend writes, “compressed air as a storage medium is a commodity along with other storage mediums, so the success of this company depends upon whether the subject company has patented a defensible technology that takes CAES, a technology from the 70’s, and increases its efficiency and cost over other storage mediums. Comparing it to coal and nuclear plants is not a relevant comparison.”
I respond: (more…)