The first use of pumped storage was in the 1890s in Italy and Switzerland. In the 1930s reversible hydroelectric turbines became available. These turbines could operate as both turbine-generators and in reverse as electric motor driven pumps. The latest in large-scale engineering technology are variable speed machines for greater efficiency. These machines generate in synchronization with the network frequency, but operate asynchronously(independent of the network frequency) as motor-pumps.
Didn't realise the idea was thought of long ago
Thanks for the link.