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EIA Estimates Record U.S. Electric Generating Capacity Additions in 2026, with Solar in the Lead

LCG, February 20, 2026--The EIA today issued an "in-brief analysis" that estimates U.S. power plant developers and operators plan to complete a record installation of 86 GW of new, utility-scale electric generating capacity that is connected to the U.S. power grid in 2026. Last year, 53 GW of new capacity was added to the grid, which was the largest capacity installation in a single year since 2002. Thus the estimate of 86 GW of new capacity in 2026 is a whopping 33 GW greater than the year prior. It should be noted that over 20 GW of the 86 GW of new capacity this year is estimated to be completed in December.

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Enhanced Geothermal Systems May Drive Significant Growth in Geothermal Power Generation

LCG, February 19, 2026--The EIA released an "in-brief analysis" today regarding the expected completion of the first, large-scale commercial enhanced geothermal system (EGS) in June 2026, and the significant growth potential for year-round, 24x7, carbon-free, renewable EGS power generation in the United States.

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Industry News

Davis Names Aide to California Public Utilities Commission

LCG, Jan. 4, 2001California Gov. Gray Davis yesterday appointed John Stevens, his leading advisor over the past six months on energy matters, to the state Public utilities Commission, the regulatory body set to vote today on a rate increase for the state's two largest electric utilities.

The appointment gives the Democrat governor a three-to-two majority on the panel, which is headed by Davis appointee Loretta Lynch.

The appointment of Stevens could be bad news for Pacific Gas & Electric Co. and Southern California Edison Co., both of which say they will run out of money within a month if they are not allowed to charge customers the full price paid for electricity delivered to them

For more than six months, the utilities have been paying up to $1.50 per kilowatt-hour for electricity they are forced to sell to consumers for a nickel per kilowatt-hour. They say those customers now owe them close to $9 billion.

Stevens, along with Lynch and Carl Wood, a third Davis appointee, are expected to take the populist course and allow the utilities to add a penny to what they charge for a kilowatt-hour of electricity.

According to Wall Street, that will not save the companies from insolvency.

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