The compressed air energy storage (CAES) technology includes storage of energy by compression of air and storing the same in the underground cavern. The power is generated by heating the pressurized air and expansion of the same in a turbine, which drives the generator, leading to the power generation. Since 1870, CAES systems have been deployed to provide effective, on-demand energy for cities and industries. CAES offers the potential for both large- and small- scale, on-site energy storage solutions, as well as larger installations that can provide immense energy reserves for the grid. The first CAES plant of capacity 290 MW was set up in Germany in 1978 and a 110 MW plant commenced operation in Alabama in 1991. The successful operation of these two plants demonstrated the technical viability of CAES technology in supplying ancillary services, load following, and intermediate power generation.

1. EXECUTIVE SUMMARY


2. RESEARCH METHODOLOGY 

3. MARKET OVERVIEW 

4. MARKET DYNAMICS 

5. SUPPLY CHAIN ANALYSIS


6. INDUSTRY ATTRACTIVENESS - PORTER’S FIVE FORCES ANALYSIS 

7. MARKET SEGMENTATION AND ANALYSIS, BY TYPE 

8. REGIONAL MARKET ANALYSIS 

 9. KEY COMPANY PROFILES 

10. COMPETITIVE LANDSCAPE


11. DISCLAIMER