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My guess is that that number is simply completely wrong. Bo one would brag about a 2 MW generator or a 2 MWh grid storage.
The thing is, moving a rock up does not need a huge reservoir. You would only (more or less) need the vertical space
I was thinking that you would need increasingly beefy motors and cables/cranes as the size of the rocks scales. But for a reservoir, you could use the same pump over a longer period of time to store much more energy. It's also easy to utilize a body of water with a volume much greater than the volume of a vertical cylinder.