A wind turbine and compressed gas storage system for producing electrical energy. A plurality of wind turbines is serially interconnected for staged compression to output high pressure compressed gas. Each wind turbine includes an upper head portion with two or more propellers, a gear box, a rudder and fin assembly, and a propeller feathering and braking system, all pivotally mounted on a lower storage tank portion. The storage tank portion houses a turbine compressor, and one or more internal tanks. Compressed gas, outputted from one or more of such lines, is directed into a reserve tank, comprising a plurality of concentric, scalloped, ring-like tanks, interconnected by pressure-actuated valves. Each tank is adapted for storing compressed gas at stepped pressures, varying from the highest pressure central tank to the lowest pressure outermost ring tank. Compressed gas from the outer ring tank drives one or more air turbines and respective electrical generators.