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This report is available at no cost from the National Renewable Energy Laboratory (NREL) at www. NREL prints on paper that contains recycled content. . This technology strategy assessment on compressed air energy storage (CAES), released as part of the Long-Duration Storage Shot, contains the findings from the Storage Innovations (SI) 2030 strategic initiative., Martin Springer, Hope Wikoff, Karlynn Cory, David Garfield, Mark Ruth, and Samantha Bench Reese. Golden, CO: National. . Energy storage systems are essential in modern energy infrastructure, addressing efficiency, power quality, and reliability challenges in DC/AC power systems.