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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

CPUC PG&E Plan Approved

LCG, May 16, 2002-Federal Judge Dennis Montali approved the California Public Utilities Commission's plan regarding PG&E's bankruptcy.

PG&E utility filed for bankruptcy in April of last year, and Judge Montali ruled earlier this year that creditors would vote on which plan should be undertaken to bring PG&E from insolvency. The Commission and PG&E respectively constructed the two plans in question.

Objections were raised on previously filed Commission plans, but Montali finally approved the edited plan Wednesday after the Commission guaranteed it will not retroactively change details in its plan.

A preliminary hearing on the plans is scheduled for August 1, and balloting will be completed August 12.

The plan includes keeping retail electricity prices for customers at the current rate and leaving PG&E answerable to Californian regulations. Creditors would be paid completely in order to restore PG&E's investment grade credit rating.

Conversely, PG&E's plan splits the utility into four units, three of which would be sold outside of the state's authority.

PG&E opposes the Commission's plan and has called it "unlawful."
Some 13 million customers are served by PG&E utility.

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