Solar hot water heaters are cheap and can easily be 50% efficient, beating the heck out of 21%-efficient mass-market PV cells, often even if the PV cells are driving a heat pump. Thermosiphon-type solar hot-water heaters don't even need a pump, just a super-low-pressure check valve. Less efficient, but maybe even better, are safer passively-cooled solar hot water heaters, which can be made out of cheap materials like plastics and cement instead of stainless steel, and don't require a temperature-limiting valve to keep you from scalding yourself.<p>However, even if hot-water heaters aren't where it's at, I think circadian thermal energy storage is a pretty big deal for demand response, and demand response is pretty important for the renewables transition—though not as essential as many claim. There's thermal-mass energy storage like the hot-water heater approach (and Trombe walls, and earth-berm walls, and several other possibilities), but phase-change storage like the ice-battery approach mentioned in <a href="https://news.ycombinator.com/item?id=27757018" rel="nofollow">https://news.ycombinator.com/item?id=27757018</a> allow an order of magnitude higher energy storage density and easier temperature control, and "thermochemical energy storage" (generally through reversible hydration of desiccants such as CaCl₂) potentially allows another order of magnitude density improvement over phase-change materials, as well as offering the possibility of thermally-driven air conditioning, humidification, and dehumidification, as well as greater controllability.<p>I wrote extensive notes on this in <a href="https://dercuano.github.io/topics/thermodynamics.html" rel="nofollow">https://dercuano.github.io/topics/thermodynamics.html</a> (especially <a href="https://dercuano.github.io/notes/big-if-true.html#addtoc_8" rel="nofollow">https://dercuano.github.io/notes/big-if-true.html#addtoc_8</a> and <a href="https://dercuano.github.io/notes/household-thermal-stores.html" rel="nofollow">https://dercuano.github.io/notes/household-thermal-stores.ht...</a>) and also Derctuo and Dernocua.