The easiest way to squirrel away electricity in times of plenty, for use when it is scarce, is to pump water uphill with it. Such pumped storage is widely employed where local geography and hydrology permit, but it does need two basins, at different heights, to act as reservoirs, and a supply of water to fill them.
Where geography does not favour pumped storage, though, the search is on for alternatives. These range from giant batteries, via caverns filled with compressed air, to huge flywheels made of carbon-fibre composites. But one firm looking into the matter eschews all these. It has stuck with the logic of pumped storage, which is to move large amounts of matter up and down hills. The difference is that in its case the matter is solid.
The firm in question calls itself ARES, which stands for Advanced Rail Energy Storage. [economist.com]