I wonder how much Google is factoring in the implicit cooling cycle? Because any pressurized gas energy storage is either including some advanced heat storage or is just venting the heat created during compression (the ancient Huntorf facility in Germany is infamous for that, super wasteful)
Usually you want to keep the heat and put it back into the compression medium during decompression and hope that losses from the heat storage aren't too big, but when you have a cooling use case nearby, you can use that low intensity heat to compensate heat storage losses, or even overcompensate. When you consider how much of the power input of a datacenter is typically used for cooling, compressed gas storage could be useful even if there was zero electric recovery (just time-shifting the power consumption for cooling to a time with better energy availability)
Usually you want to keep the heat and put it back into the compression medium during decompression and hope that losses from the heat storage aren't too big, but when you have a cooling use case nearby, you can use that low intensity heat to compensate heat storage losses, or even overcompensate. When you consider how much of the power input of a datacenter is typically used for cooling, compressed gas storage could be useful even if there was zero electric recovery (just time-shifting the power consumption for cooling to a time with better energy availability)