So if we nationalized all the tesla gigafactories, it would take us over 760 years to produce enough batteries to store a single days worth of electricity.
I do not think grid storage is solvable with current technology.
The largest pumped hydro station[1] provides up to 24 gwh of storage. So three thousand of these stations (costing $12 trillion) would store one day's worth of electricity.
[1] https://en.wikipedia.org/wiki/Bath_County_Pumped_Storage_Sta...
Storage ‘buys’ energy when it’s cheap and ‘sells’ it when it’s expensive, where ‘cheap’ can even mean ‘free’ at times.
You would build it using averagely priced energy (using only cheap energy is impractical, as it would keep machines and personnel tied up waiting for prices to drop)
Also, having a large buffer can mean having to spend a lot less money on excess solar and wind farms. They wouldn’t have to meet all peaks in demand.
Those still could make it economically viable.
We all know the name, but its main feature is its dishonesty.
The sound idea is water stored up an existing hill. On flat land you store your energy some other way: underground hydrogen or compressed air, or iron-air batteries, or liquified air, or any of various other choices that are more expensive and less efficient than pumped hydro. Or just run a wire over to someplace that does have hills.
Some places have no hills, so are not candidates for pumped hydro storage, and would need to rely on something else, such as long-distance transmission lines, or liquified air, or synthesized hydrogen, or synthesized ammonia, or underground compressed air, or iron-air batteries, or numerous others, or (most usually) some combination of them.
Renewable advocates would be more successful if they were realistic about the problems with significant solar reliance.
We don't have the storage. We are not close to sniffing the amount of storage we need to be 100% reliant on solar + wind.