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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

SoCal Edison Gets Two More Days to Pay Cal-PX

LCG, Jan. 17, 2001The Federal Energy Regulatory Commission, acting on a request from the California Power Exchange, voted late yesterday to give Southern California Edison Co. two more days to pay $215 million it owes the state agency for electricity purchases.

While not exactly an agency of the state government, Ca-PX was set up by legislation restructuring California's electricity market as a market through which all wholesale power purchases in the state were required to be made. It is considered a major fly in the ointment of deregulation in the Golden State.

FERC Chairman James Hoecker said California should use the two days to come up with a plan to solve its power crisis.

"I remain hopeful that California officials will use the 'breathing room' offered by today's order to make whatever painful decisions are necessary to avoid greater pain by California ratepayers," Hoecker said in a statement that accompanied the order.

"There should be some commitment by the State of California and its leadership to stop the financial bleeding of its utilities and to ensure that, on a going forward basis, the accounts receivable of those providing energy to California will not increase further," Hoecker said.

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