Compressed-air storage coming to wind power | Green Tech - CNET News - 0 views
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A New Jersey company said on Tuesday it will invest $20 million over three years to develop an underground compressed-air storage system for wind turbines and other power sources, a sign of growing confidence in the technology. Energy Storage and Power is a joint ventured formed by energy developer PSEG Global and Michael Nakhamkin, who designed the only compressed air-storage facility in the U.S.