“…26 Because every temperature change, processing step, and complexity to which the air is subjected has an energy cost and erodes system efficiency, an AA-CAES system may have difficulties with market penetration unless ͑i͒ all obvious inefficiencies have been wrung out of it, ͑ii͒ exergy dissipation by internal irreversibilities has been minimized, 32 and ͑iii͒ its cycle efficiency demonstrably matches or betters that of the established competition, here pumped hydro at around 75%. 24 Because AA-CAES is so commonly mentioned as a major contender for bulk energy storage medium of choice, 17,20,25,30,[33][34][35] and because it has never actually been subjected to a rigorous experimental test, we believe it is important that its conceptual bases be closely examined.…”