A Company Is Building a Giant Compressed-Air Battery in the Australian Outback
VanWalleghem said there is room to push costs down as the company gains experience from these first few plants. The storage systems have a projected lifespan of about 50 years, which is an important data point when comparing it to battery systems, which have much shorter lives, he said. Yiyi Zhou, an analyst for BloombergNEF, … Read more