Modern Hiker notes that a utility company wants to put one up in Orange County:

Opponents of the dam are upset not only because the project would destroy one of the most popular hiking trails in the forest, but also because it would destroy prime hang-gliding airspace, eradicate a diverse riparian canyon, and wreak havoc downstream as far as Lake Elsinore. They also criticize the project for being purely for-profit. The company would pump water from downstream to the canyon reservoir at night, then use it to generate electricity during the day, when rates are higher.

Geeze, where’s Enron when you need it?