Combined chemical looping was demonstrated as novel concept of energy storage in a laboratory scale test. The proposed technology is able to store and release energy from redox chemical looping reactions combined with calcium looping. This process uses Fe3O4 and CaO, two low cost and environmentally friendly materials, while CH4 + CO2 serve as feed. During the reduction of Fe3O4 by CH4, both formation of carbon and metallic iron occur. CO2 acts as mediation gas to facilitate the metal/metal oxide redox reaction and carbon gasification into CO. CaO, on the other hand, is used for storage of CO2. Upon temperature rise, CaCO3 releases CO2, which re-oxidizes the carbon deposits and reduced Fe, thus producing carbon monoxide. The amount of produced CO is higher than the theoretical amount for Fe3O4, because carbon deposits from CH4 equally contribute to the CO yield. After each redox cycle, the material is regenerated, so that it can be used repeatedly, providing a stable process.