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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

British Columbia Panel Positive on Offshore Drilling

LCG, May 2, 2002--Findings by an advisory panel in British Columbia raise the possibility of dialogue between the province and the Ottawa government concerning the lifting of a moratorium on offshore drilling for oil and gas reserves.

The panel found that there was no compelling environmental reason and no actual legal reason not to allow drilling off of British Columbia, although the national government took serious steps to enact a moratorium in the 1970's. According to the panel, the moratorium was more an act of sentiment than a binding measure.

The federal Minister of Natural Resources, Herb Dhaliwal, said that while his ministry is looking at the report, "there is a moratorium." Dhaliwal said that research would have to be conducted by the national government before any change in policy could be seriously considered.

The B.C. Minister of Energy and Mines, Riochard Neufeld, took heart in the findings, saying, "an offshore oil and gas industry could create enormous economic benefits for British Columbians and we are working with the federal government to pursue those."

One possible impediment to development is the presence of native groups, as well as opposition from environmentalists. A moratorium was imposed by the B.C. government in 1989 in reaction to the Exxon Valdez oil spill in Alaska. The ban on drilling extends from Vancouver Island's south coast northward through the Queen Charlotte Islands.
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