andres:
PG&E has applied for DOE smart grid stimulus funding under The Recovery Act to build a compressed air energy storage project with output capacity of 300 megawatts. Cost? $25 million. By comparison, building a plant to burn fossil fuels would cost around $850 million for the same 300 megawatts of fossil energy. (via CleanTechnica)

andres:

PG&E has applied for DOE smart grid stimulus funding under The Recovery Act to build a compressed air energy storage project with output capacity of 300 megawatts. Cost? $25 million. By comparison, building a plant to burn fossil fuels would cost around $850 million for the same 300 megawatts of fossil energy. (via CleanTechnica)
via andres