Another benefit is that southwestern Ontario has strong wind resources, so building a 1,000 MW-plus CAES facility on its own or as part of a partnership with area wind developers could prove quite economical. The idea, of course, is that cheap wind power generated overnight when demand is down could be used to compress and store the air. The air could then be released to generate electricity during daytime peaks, making wind a dispatchable resource in Ontario and more of a realistic replacement for coal power as it gets phased out of the province. Surplus overnight nuclear power, when we have it (mostly during the summer), could also be stored this way.

Read the story for more details and an explanation of how compressed-air energy storage works, and how rising natural gas prices and an inevitable price on carbon makes this an attractive bulk-energy storage option worth considering and planning for today.