An apparatus and method converts a power generation combined cycle (CC) power plant to a load management compressed air energy storage (CAES) power plant. The CC power plant includes at least one combustion turbine, a heat recovery steam generator (HRSG) to receive exhaust heat from an associated combustion turbine, a steam turbine associated with the HRSG, and an electric generator associated with the steam turbine. An air storage stores compressed air. At least one compressor supplies the air storage with compressed air so that off peak energy can be converted to compressed air energy stored in the air storage. Compressed air from the storage is received by the HRSG and the HRSG provides heat to compressed air received from the air storage. The steam turbine receives heated compressed air from the HRSG and expands the heated compressed air to produce power.