Research on New Energy Storage Technology: Compressed Air Energy Storage, Forging a New Engine for Economic Growth of Manufacturing Enterprises

Abstract

Currently, the global energy transition is accelerating, and the large-scale integration of renewable energy has brought many thorny problems to the energy and power systems. In particular, the issues of renewable energy consumption and the difficulty of regulating peak-to-valley differences in the power grid are prominent. Compressed air energy storage, as a new large-scale and long-duration physical energy storage technology, has many advantages such as large scale, long lifespan, low cost, and environmental friendliness. It can solve the problem of difficult grid connection for unstable renewable energy generation such as photovoltaic and wind power, and improve energy utilization. In recent years, the industrialization process has been accelerating, demonstrating huge potential and advantages. This article conducts research and analysis on the industrial logic, technological development, industrialization process, industry competition landscape, and market competitiveness of compressed air energy storage, aiming to provide support for optimizing business layout and structural adjustment of enterprises.