Economics of compressed air energy storage to integrate wind power: A case study in ERCOT

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Progress and prospects of thermo-mechanical energy storage—a critical review (2021, methodology): “The cavern storage costs for the LTA-CAES system assume a solution-mined salt cavern and are estimated using [192, 193], which include the costs of drilling, development, dewatering and piping.”
Risk-Constrained Bidding and Offering Strategy for a Merchant Compressed Air Energy Storage Plant (2017, background): “CAES technology has the ability to operate as a gas turbine in case the air reservoir is depleted [6].”
Storage Requirements and Costs of Shaping Renewable Energy Toward Grid Decarbonization (2019, background): “, a modeled wind plant providing baseload power was found to require large amounts of compressed air energy storage (CAES), raising its cost above other options such as a combined cycle natural gas plant.(13) There are signs of substantial cost decline, however, with recent bids for combination rene”
A Cost Benefit Analysis of a V2G-Capable Electric School Bus Compared to a Traditional Diesel School Bus (2014, background): “2 [46], which would lead to a conservative estimate of battery life, as other sources have concluded that the battery capacity factor is lower at 0.”