Earlier quoted context omitted.
ThorCon true costs are just unknown. Storage, like solar and wind generation, costs are subject to statistical laws.
That's just not the case. Pumped hydro is fundamentally limited in scope. It might be fairly cost effective but you only have a small amount of suitable sites, it can never scale up by many orders of magnitude to support the energy storage needed to enable meeting all energy demands with solar, wind, and hydro. That leaves the only proven energy storage method of grid scale electric batteries which again are only a t…
Ammonia electro-synthesis and air liquification are both mature tech, and just need to be built out. Hydrogen, similarly. Tankage for all of these is cheap, and power can be released via existing gas furnaces. Building out takes time.
Chemical storage has the massive advantage that it may be shipped from the tropics to anywhere it is needed, anytime it is needed, just like oil and LNG is today. That is where the majority of energy will be banked, because there is always demand for the same chemicals as industrial feedstock, so an always ready market to sell excess production into.
Batteries are the most expensive storage. You won't make much progress understanding power by thinking only about batteries. But anyway batteries are not dependent on lithium; iron-air batteries are cheap and iron is plentiful.
Nukes have no place in this future. Their power costs way too much to win a bid, almost all the time, but they need to win all the time to service their crushing debt load. And, it takes many years before any power at all comes out. So, they will predictably default on their debts; and thus not be built at all.