The invention discloses an energy storage, transformation and fluctuation reducing method, and belongs to the field of energy and environment protection. To solve the problems of energy crisis and pollution is a problem of the world. A substance is managed in a special manner to ensure that in the process that the substance obtains potential energy and releases the potential energy, solve the problems that energy is stored and transformed, and energy fluctuation and energy intermittence are reduced or eliminated, and ensure that abundant wind energy, solar energy, earth energy, heat energy, air energy, potential energy, wave energy, particle energy and volcano energy or heat transformed by the wind energy, the solar energy, the earth energy, the heat energy, the air energy, the potential energy, the wave energy, the particle energy and the volcano energy become electric energy meeting requirements for power grid transmission. The energy storage, transformation and fluctuation reducing method is not restrained by scales, regions, capacities, cost, media and technologies when being implemented, and is easy to popularize. The energy storage, transformation and fluctuation reducing method can be implemented on occasions or organizations such as mountainous regions, depressions, ravines, gulches, gobi, dry wells and other positions with relative drop heights, and is particularly suitable for storage, transformation, fluctuation reducing and output of all kinds of scales of wind energy or all kinds of scales of wind power, wherein the energy can be as large as thousands or tens of thousands of kilowatts, and as small as few kilowatts. The energy storage, transformation and fluctuation reducing method is simple in technology, lower in unit cost when being compared with a pumped storage power station, and strong in universality.