Earlier quoted context omitted.
We know the fundamental physics and chemistry. Your largest-scaling options are thermal storage (molten-salt thermal, not to be confused with molten-salt electric batteries), compressed air energy storage (CAES), and pumped-hydro. The last as with hydroelectric dams is limited by available sites and environmental impacts. Any thermal storage or thermal-process generation (e.g., molten salt thermal storage, synfuel-ba…
Electrolysis can actually be done at above 70% efficiency. 80% efficiency methods are available. You unfortunately lose some additional energy when compressing the Hydrogen for storage, or when you turn it into Methane for storage. https://en.wikipedia.org/wiki/Hydrogen_production#Electrolys...
Carbon capture is also possible at low energy cost, from seawater, as described in a set of research articles published by the USNRL through the 2010s. The Google X Project "Foghorn" failed to develop this in an economically feasible manner, but my view is that that's more a measure of the mis-pricing of fossil fuels than of the method itself.
The resulting liquid hydrocabons are largely perfect analogues of petrol, kerosene (jet fuel) or deisel, and require no compression or refrigeration.