Interesting option. It's all about the cost and efficiencies in the end. Converting electricity into heat and then back into electricity is a lossy process that is constrained by the second law of thermodynamics. Basically generating heat is easy and efficient. But converting it back to electricity is typically less than 50% efficient. Basically, it's several energy conversions in one process: you use electricity to…
I wonder if it would be possible to scale down pumped hydro to something the size of a tall water tower. Probably not worth it due to the small height difference and volume, and you'd also lose efficiency due to the smaller turbine, but I still do wonder what the actual figures are like for something like that. Especially in cost per kWh stored compared to lithium.
The power capacity of that setup was like that of an AA battery, if I remember correctly.
You need huge amounts of water and lots of height difference.