The plan from TFA: Take water that's already passed through the generators at Hoover and, using solar and wind power, pump it back upstream into Mead to be processed again. This gives us the ability to supplement hydro with solar and wind. I guess if this is more efficient than other batteries, it's not a completely crazy idea. It does, however, have potential negative impact on downstream ecosystems.
Also: I assume that we don't extract 100% of the available potential from the dammed water: how much water flows past generators (instead of through them) and how does that change when upstream water supply changes? How much of a decrease in this "loss" can we get from this solar/wind plan?