There's little to no water use in the storage or discharge of pumped hydro, water goes from one reservoir into another. The limiting factor is how much water can be pumped/discharged, not how much water is available in storage (which tends to be significantly more than the amount pumped around). So there's little reason why they wouldn't currently be fully utilized.
It's true that it requires specific geography (water and a place to put water), but it turns out population centers tend to be developed near water sources, already store water for the sake of storing water, and water can feasibly be stored in large quantities underground as well. Which means there's practically many viable large capacity sites near the places that use electricity.
There's little to no water use in the storage or discharge of pumped hydro, water goes from one reservoir into another. The limiting factor is how much water can be pumped/discharged, not how much water is available in storage (which tends to be significantly more than the amount pumped around). So there's little reason why they wouldn't currently be fully utilized.
It's true that it requires specific geography (water and a place to put water), but it turns out population centers tend to be developed near water sources, already store water for the sake of storing water, and water can feasibly be stored in large quantities underground as well. Which means there's practically many viable large capacity sites near the places that use electricity.