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The Toronto Star seems to have an excellent article on energy issues at least a couple times a month. This one is another excellent piece on compressed air energy storage (CAES).

Air Forced Underground Could Provide Energy - The Toronto Star - 15 Dec 08

"'The oil and gas industry has been doing this kind of storage for years. You're using the same technology and just substituting it (natural gas) with air.' The problem is, engineers from power utilities know little about geology and underground technologies. Likewise, engineers from the oil and gas sector are not as knowledgeable about the above-ground machinery that generates electricity.

'You've got to bring teams of these people together to make compressed-air storage happen,' says Robert Schainker, a senior technical executive and CAES expert at the Palo Alto, Calif.-based Electric Power Research Institute. Schainker says it's worth the effort if the geological conditions are right and the goal is bulk energy storage, such as a CAES facility that can store 200 megawatts for 10 hours or more – the equivalent of powering two million 100-watt light bulbs or 400,000 dishwashers for half a day."

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