Of course, you have to be near a dam to make use of this.
One neat thing about the compressed air storage option is that the wind turbines can be designed much more simply, inexpensively, and easier to maintain. You just run the compressor right off the drive shaft - no need to deal with anything electrical, and all the gearing is much simpler.
These guys are out in front of it: http://www.generalcompression.com/about-us/
Meant to include you on #16