Most of the useful hydro sites are taken, and many are now being torn down.
In retrospect, most dam sites turned into ecological and economic disasters.
A recent book gives a choice: You can keep lake Mead or keep lake Powell, but not both. As guaranteed by long term drought.
A dam presents a dilemma: The power people want it full all the time. The flood control people want it empty all the time. The irrigation people want its level to change all the time. The rec people do not care whether the dam is full or empty but want the level to stay the same.