Texans have long stored oil, natural gas and other forms of energy in underground salt caverns, so it's only natural that a Houston startup wants to store wind energy there, too. The method is in the company's name, Apex-CAES, where CAES stands for compressed air energy storage. The company plans to use electricity at night, when it's cheap, to compress air into an underground cavern. The company then releases the air through turbines to generate electricity when the price is right.
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