A couple of days ago it says wind cost us £1m. It can't take many days like this to offset a GWh of grid level storage, able to complete absorb environmental gluts like this.
Pumped hydro is an approach that is in use on the grid today, and has future proposals earmarked for development. https://www.coireglas.com/project The key challenges are deploying large-scale energy storage, and transmission of stored energy to areas of demand.
Yeah, I like pumped hydro and even with its lower efficiency, it's cost effective... but I live in the Fens and I'm looking at solutions that work everywhere. Local storage is going to be more important once a significant portion of the country has an EV and heat pump.