The method involves storing and transporting power in the form of compressed air energy, via a pipeline. The method preferably consists of using at least one power source such as a wind turbine to drive a compressor to compress air into storage, wherein the size and length of the pipeline can be adapted to reduce the pressure losses that are experienced along the length of the pipeline. The facility or community using the energy can use energy in the form of electricity, or to drive pneumatic tools or equipment, or to generate chilled air as a by-product, which can be used for refrigeration, air conditioning or desalination. A utility or grid can be provided to generate compressed air energy when the wind is not blowing, wherein compressed air energy can be produced and stored during low demand periods, and used during high demand periods.