Corre Energy Storage is a Dutch, Groningen headquartered business, that develops large scale renewable energy storage. The technique we use is called Compressed Air Energy Storage (CAES). We aim to develop several projects across Northern Europe, enabling the integration of renewables at large-scale and catalysing the energy transition and the Green Hydrogen Economy. Corre Energy wants to develop its first CAES project in Zuidwending, the Netherlands through its subsidiary Corre Energy Storage. CAES provides an energy balancing solution for both TSO's and renewable energy portfolio operators, without which countries like the Netherlands will be unable to reach the targets of 70% renewable energy by 2030. Why this project? In order to guarantee a sustainable future – also for future generations – CO2 emissions in the Netherlands (in Europe and throughout the world) will have to be reduced drastically. In accordance with the Paris Climate Agreement, as society we produce more solar and wind energy every year. However, this growth also has its limitations. For example, the wind and the sun cannot be influenced, which means that sometimes too much and sometimes too little green electrical energy is produced. On days when more energy is produced than the market needs, installations sometimes have to be switched off, causing the loss of valuable energy and investments. On days when too little green energy is produced, natural gas has to be used and CO2 is released. In short: it is very difficult for society to accurately absorb fluctuations in the electricity network without wasting energy or emitting CO2. The project in Zuidwending offers the solution for these problems.