The world’s largest demonstration plant for a new kind of renewable energy storage is up and running in the west of the China. Called liquid-air energy storage (LAES) the plant uses renewable electricity to compress air to extreme densities until it turns to liquid. It can then be rapidly released to power a turbine and discharge that green energy back into the grid.
Its liquid, so its probably also cooled down and pressurized
So what you’re saying is that it still consumes energy to keep the air in that liquid form making it not worth keeping longer then a certain amount of time.