First time accepted submitter transporter_ii writes "A compressed air energy storage (CAES) plant was first built in Germany in 1978, but East Texas will be the site of one of the world's first modern CASE plants. How does it work? A CAES power generation facility uses electric motor-driven compressors (generated by natural gas generators) to inject air into an underground storage cavern and later releases the compressed air to turn turbines and generate electricity back onto the grid, according to the plants owner. The location near Palestine, Texas was selected because of its large salt dome, which will be used to store the compressed air. The plant is estimated to cost $350 million-plus, and will create about 20 to 25 permanent jobs."
Read more of this story at Slashdot.