Design, material, manufacture, deployment and operation of very large blades is both critical and hard.
A key operating constraint is keeping blade-tips below the speed of sound. To design the monsters that are currently being deployed, computer modelling would not have been adequate even fifteen years ago.
Similarly, carbon fiber is finally getting scale economies from more than one industry. But it couldn't have been cost effective in the 1970s.
Dinorwig in Wales operates a 9GWh capacity at 1.7GW. Far from insignificant, much cheaper (and safer) than the equivalent lithium cells.
To be clear, Dinorwig is not only powered by green methods, but it could.
Now it looks like the plans for new ones are entirely dominated by China. (Or were projects in other countries just not researched/included?)
China has two advantages: One it's fucking enormous, there are bound to be places with mountain lakes that weren't needed for anything else more important. Two under an authoritarian government there's no prospect of protest against the plan even if it's catastrophic for some groups.
‡ NIMBYs but more so, Build Absolutely Nothing Anywhere Near Anyone.
Pumped storage "batteries" have one disadvantage though, they are nowhere near as reactive as solid-state batteries can be - think of milliseconds instead of dozens of seconds.
Not in this case. These particular improvements were held back intentionally by megacorporations like Exxon, who spent billions telling lies to the US government, to American people and the rest of the world. Huge efforts were undertaken to ensure that this kind of technology - renewable through wind and solar - would not take off as quickly as it naturally would otherwise.
The 'free market' only works at setting prices if the market knows the risks. In this case, the market not only had the risks actively hidden from them, but they were directly lied to about the risks.
If the market had understood the risks of this technology in accordance with basic economic understanding (which is obviously flawed but hear me out), then renewable energy would have been cheaper than non-renewable energy a long time ago.
That's not to mention the direct oil subsidies provided by the US and Canadian (and other) governments over the last many decades.
Meanwhile, I am confident that the point wind energy becomes cheaper than fossil energy was within reach much earlier than that. Note that without peer-reviewed research - which I am not providing here - this is just my opinion. But I hope it counts.
These days, when the alumni mag from my school arrives, I have to ruefully smile about all of the 'green language' in it, now that it's trendy. What a damn shame.