EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

Dynegy Chief Executive Resigns

LCG, May 29, 2002--The chairman and chief executive of energy trading company Dynegy, Chuck Watson, resigned his posts yesterday, amidst questions concerning the firm's accounting.

Watson's departure may mark greater influence in the management of Dynegy for energy major ChevronTexaco Corp., which owns a quarter of Dynegy stock. The Dynegy board announced that Glenn Tilton, who recently joined the board from the ChevronTexaco, would become interim chairman. The interim chief executive, Daniel Dienstibier, has served as president of Dynegy's Northern Natural Gas pipeline business.

Pressure for Watson's resignation had come from Dynegy's board of directors, which, in addition to Mr. Tilton, includes two other ChevronTexaco executives. Increasing scrutiny from investors and credit rating agencies have come in response to news about "round-trip" trades of energy with CMS Energy Corp., which increased the company's revenues but not its profitability. Mr. Watson had said that the trades had been to "test the system," but that there had been "no intent."

Derivatives contracts, tradable agreements which accounted for 80% of pretax income of $167 million in the first quarter, are accounted for using "mark-to-market" valuations, which can vary widely. Some of these contracts accounted for profits booked for 2002, although cash from some of them will be received in 2006.

The change in company leadership may aid the company in negotiating for a credit line for a subsidiary, Illinois Power. Illinois Power had recently taken out a loan for $200 million, rather than a renewed credit line for $300 million.
Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service