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Gigawatt-hour storage does exist but it is limited in capacity.

Dinorwig can store ~11GWh and can provide that at 1.8GW (going from 0W to 1.8GW in under 2 minutes) and is ~75% efficient as a store, but it's only got a 6 hour capacity due to the limited size of the upper reservoir.

Something similar built at Itaipu or Three Gorges scale could provide some more serious capacity.



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