Yes you're missing the point. Most of that storage is hydro and there's a huge gulf between what's required to cover prolonged lulls in such as weeks as was observed recently in Texas and regularly elsewhere - and to peak shave, regulate frequency, and cover until CCGTs can spin up as we have now. Until we start getting to the multi-GWh scale it's a nonstarter.

Again, you either think climate change is an existential problem in which case relying on magic pixiedust in the future is an absurd, or you don't. There's no two ways about it.