Pumped hydro storage only holds about 8-12 hours of power. To be economically viable to build you need to cycle it daily.
It uses enormous amounts of land and capital to build, and is ongoingly dangerous in a unique way. If LiFePO4 can do 4 hours at full output already, and be placed anywhere using volume manufacturing to expand, then batteries are straight up better.
Pumped hydro is an expensive dead end.
In NZ we're discussing pumped hydro in Lake Onslow which will provides months of backup for the country