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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

East Timor and Australia Make New Gas Agreement

LCG, May 17, 2002-Australian Prime Minister John Howard will sign a treaty with East Timor next week.

The Timor Gap Treaty addresses the Sunrise gas field, located in the Timor Sea and partially inside joint development areas.

Revenue is to go to both East Timor and Australia, and the two countries have been negotiating in anticipation of East Timor's freedom from U.N. administration.

Details of the treaty have yet to be released, although Howard said that "fair and good" concessions were made.

The first Timor Gap Treaty was made in 1989 between Australia and Indonesia, after Indonesia took over East Timor. When East Timor became independent from Indonesia ten years later, the treaty became void.

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