An apparatus (10) for compressing and expanding a gas includes a chamber (22), a positive displacement device (24) moveable relative thereto, first and second valves (26, 28) activatable to control flow of gas into and out of the chamber (22), and a controller (80) for controlling activation of the valves (26, 28) that selectively switches operation between a compression and an expansion mode with selective switching between modes being achieved by selectively changing the activation timing of at least one of the valves during the first mode. An energy storage system including the device may be operatively coupled via a rotary device for power transmission to an input/output device, whereby the direction and speed of rotation are preserved during switching, and the input/output device may be synchronized to the grid.

An apparatus (10) for compressing and expanding a gas includes a chamber (22), a positive displacement device (24) moveable relative thereto, first and second valves (26, 28) activatable to control flow of gas into and out of the chamber (22), and a controller (80) for controlling activation of the valves (26, 28) that selectively switches operation between a compression and an expansion mode with selective switching between modes being achieved by selectively changing the activation timing of at least one of the valves during the first mode. An energy storage system including the device may be operatively coupled via a rotary device for power transmission to an input/output device, whereby the direction and speed of rotation are preserved during switching, and the input/output device may be synchronized to the grid.