Projects Under Development

5MW x 12-hour CAES Demonstration

THEMES is working with a coalition of partners including two national labs, University of Southern California, a large O&G operator, and a global EPC to demonstrate a 5MW, 12-hour Adiabatic CAES System. The Project will:

  • Reach commercialization by 2027

  • Achieve an LCOS of $0.05 by 2030

  • Have 2+ GW of commercial expansion potential across California.

  • Provide zero-carbon reliable and resilient power.

  • Repurpose stranded O&G infrastructure for operators.

Image: Guo (2021) The promise and challenges of utility-scale compressed air energy storage in aquifers