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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

Canada Energy Minister Says Alaskan Gas Tax Credit Violates Agreement

LCG, May 3, 2002--Natural Resources Minister Herb Dhaliwal asserted that an amendment in the U.S. Senate's energy bill defies the nations' understanding to allow a free-market approach to Arctic gas pipeline routes.

Last week's U.S. Senate bill included a tax credit for Alaskan gas reserve owners. Exxon Mobile, BP Plc, and Phillips Petroleum would benefit if gas shipped from Alaska, through Canada, costs less than $3.25 per thousand cubic feet. The credit was included because the companies had insisted that the hypothetical pipeline, over $10 billion US for 4 billion cubic feet per day capacity, is not economically viable.

Prior to the energy bill, Canada and the U.S. had agreed to let the free market determine the details surrounding a possible pipeline to be built through Canada, from Alaska and the Mackenzie Delta.

Dhaliwal calls the amendment a subsidy to the companies.

"The message is we have an agreement which said both countries would be route-neutral and let it be market driven. If they move away from that we will have to reconsider our position to make sure we don't allow our gas to be stranded."

Canadian producers have already started the applications process for building a 1 billion cubic feet-per-day pipeline from the Mackenzie Valley to Alberta, at a cost of $2 billion US.

The controversial U.S. amendment has yet to be approved.

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