This compressed air storage power generation device 10 is provided with: a power demand receiving unit 60; a cold heat demand receiving unit 61; a power supply adjustment device 19 which adjusts the amount of power generated by a generator 15; a cold heat supply adjustment valve 22 which adjusts the amount of cold heat supplied from a first heat medium storage unit 21 to consumer equipment 3; and a control device which controls the power supply adjustment device 19 and the cold heat supply adjustment valve 22 so as to supply the consumer equipment 3 with power and cold heat corresponding to the power demand value and the cold heat demand value.