"The fundamental principle is based on the hydraulic lifting of a large rock mass. [...] Water is pumped beneath a movable rock piston, thereby lifting the rock mass. [Later] the water which is under high pressure from the rock mass, is routed to a turbine [...] and generates electricity using a generator."
"[For certain pistons] the storage capacity increases with the fourth power of the radius, r^4. The construction costs however only increase with the square of the radius, r². [...] Strictly speaking, the price per kilowatt hour of storage capacity decreases with 1/r². This is the outstanding competitive advantage of this storage concept."
===
[1] http://www.heindl-energy.com/gravity-storage/gravity-storage...