Comment by pbmonster

> And yet it's still far cheaper than any other form of seasonal storage.

Only for countries with very suitable landscape, and the willingness to use it - damming high altitude valley is extremely unpopular and bad for the environment.

Also, pumped hydro is expensive. Initial capex is higher than today's lithium batteries, if you design comparable systems. The only reason anybody is still building new pumped storage is that you can use it for 100 years (instead of 20 for the batteries, although nobody really knows how much they'll actually degrade).

I think we'll find hundreds of TWh of seasonal storage elsewhere. Thermal storage is extremely attractive if (or once) you have district heating installed. Takes care of a massive junk of domestic heating, and could take over light (food processing, paper,... ) and medium (chemical, ...) industry. Just don't try to turn it back into electricity...

Once steel and concrete get electrified, we might get seasonal hydrogen storage in underground salt caverns. Concrete and steel need absurd amounts of high heat which probably means making lots of hydrogen, putting those in the right locations might make additional hydrogen for fuel cells/gas turbines available, relatively cheaply (still extremely expensive, seasonal storage always is). But who knows...