This is also the missing piece to move over to a more renewable energy source. Coal is on demand. If there is a need for more, you can spin up more factories, and many site waiting just for this.
Most renewable energies are reliable, but over longer periods of time. With a way to store energy, and have it dormant in the grid waiting to be used, this creates the surplus needed so we can switch to solar and wind and be able to rely on output.