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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

Newsmakers

Ron Cardwell has joined the Allegheny Energy Inc. as a vice president ofAllegheny Energy Solutions, an unregulated subsidiary that focuses on distributed generation and other energy-related products and services. He most recently was with Navigant Consulting Inc., where he was responsible for developing growth strategies for energy and utility companies.

Tony J. Finneman, vice president for operations of natural gas firm WBI Holdings Inc. has been promoted to executive vice president and general manager of Williston Basin Interstate Pipeline Co., the company's regulated natural gas pipeline and storage subsidiary.

Philip J. Pellegrino has resigned from his position as chief executive and president of ISO New England, effective immediately, to pursue other professional interests. Chairman William W. Berry will assume Pellegrino's responsibilities on an interim basis while a search is undertaken for a replacement.

Gerald J. Stalun has been named executive vice president and managing director of Duke Capital Partners LLC, a business unit of Duke Energy Corp. and will be responsible for the company's Charlotte operation. He most recently was managing director and co-head of global project finance for the power industry at Bank of America.

Darwin L. Subart, vice president for business development of WBI Holdings Inc., a natural gas concern, has been promoted to executive vice president and general manager of WBI Southern Inc., a subsidiary consisting of the firm's natural gas gathering system and some storage assets.

F. T. Webster has become executive vice president and managing director of Duke Capital Partners LLC, a business unit of Duke Energy Corp. and will be responsible for the company's Houston operation. He most recently was a partner and managing director of Arthur Andersen's energy corporate finance practice in North America.

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