A packed bed thermal energy storage (TES) consisting of solid storage medium of rock or concrete through which the heat transfer fluid is circulated is considered as an attractive alternative for high temperature sensible heat storage, because of the economical viability and chemical stability of storage medium and the simplicity of operation. This study introduces the technologies of packed bed thermal energy storage, and presents a numerical model to analyze the thermal energy balance and the performance efficiency of the storage system. In this model, one dimensional transient heat transfer problem in the storage tank is solved using finite difference method, and temperature distribution in a storage tank and thermal energy loss from the tank wall can be calculated during the repeated thermal charging and discharging modes. In this study, a high temperature thermal energy storage connected with AA-CAES (advanced adiabatic compressed air energy storage) was modeled and analyzed for the temperature and the energy balance in the storage tank. Rock cavern type TES and above-ground type TES were both simulated and their results were compared in terms of the discharging efficiency and heat loss ratio.