So is talking to most of POA, but I digress. Research shows that the difference in efficiency between batteries and pumped hydro is a few percent. Significant, but it scales better than batteries, especially if we run out of lithium.
Reversible pump-turbine/motor-generator assemblies can act as both pumps and turbines. Pumped storage stations are unlike traditional hydroelectric stations in that they are a net consumer of electricity, due to hydraulic and electrical losses incurred in the cycle of pumping from lower to upper reservoirs. However, these plants are typically highly efficient (round-trip efficiencies reaching greater than 80%), and can prove very beneficial in terms of balancing load within the overall power system. Pumped-storage facilities can be very economical due to peak and off-peak price differentials and their potential to provide critical ancillary grid services.
https://energystorage.org/why-energy-storage/technologies/pumped-hydropower/
Pumped-storage hydropower is more than 80 percent energy efficient through a full cycle
, and PSH facilities can typically provide 10 hours of electricity, compared to about 6 hours for lithium-ion batteries.
https://www.eesi.org/papers/view/energy-storage-2019
The higher the round-trip efficiency, the less energy is lost in the storage process. According to data from the U.S. Energy Information Administration (EIA), in 2019, the U.S. utility-scale battery fleet operated with an average monthly round-trip efficiency of 82%, and pumped-storage facilities operated with an average monthly round-trip efficiency of 79%.
https://www.eia.gov/todayinenergy/detail.php?id=46756