CAES also has awful energy density of ~100 kJ/m^3 or ~100 J/L. It's not worth it. Small CAES implies closer to people and more likely to experience heat and fires, more so than say 200 psi / 13 atm air compressors, and so inherently more dangerous than all existing residential and commercial products including water heaters with failed/blocked relief valves. Perhaps almost on-par with LPG tanks, which are not supposed to be stored inside building either but in a remote pit or shed.
Large amounts of reactive lithium metal in NMC (0.90–2.43 MJ/L) "powerwall" reserve banks in or on a building also seems like a major fire risk. LiFePO4 (1.2 MJ/L) is safer due to much less lithium.
By comparison with fuels:
- Al thermite is ~18 MJ/L
- Cu thermite is ~21 MJ/L
- hydrogen is ~28 MJ/L @ 700 psi
- gasoline is ~32 MJ/L
- Jet A is ~35 MJ/L
- diesel is ~36 MJ/L
In the long-term, a reliable, reversible fuel cell combined with H2 tanks and H2 generation and distribution infrastructure seems like the best hybrid on- / off-grid way to go, at deployment cost though, but it could eliminate the increasingly-dangerous electrical grid and natural gas grid. Short-term, LiFePO4 looks better and better.