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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

California Utilities Will Buy Power in 2003

LCG, Oct. 25, 2002--The California Public Utilities Commission (PUC) yesterday mandated that beginning Jan. 1, 2003, Pacific Gas & Electric Co., Southern California Edison, and San Diego Gas & Electric must start buying power for their customers again, and will have access to interest-free credit from the state if necessary.

The Department of Water Resources will exit from its role as buyer of power at the end of this year, although it began buying power through long-term contracts signed during last year's energy crisis. Only a minimal percentage of overall supplies will be purchased by the utilities, which will be assigned the contracts.

The PUC also said that it would move from reviewing decisions made by the utilities after the fact to a new regulatory mode, of going over plans in advance of their execution. The investor-owned utilities have pushed for such treatment in cases in which unforeseen regulatory factors came to light once they had pursued initiatives on their own.

The President of the PUC, Loretta Lynch, said that with the ruling, "the utilities are back in business." It found that the utilities' projected purchases are "well within their ability to finance."
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