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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

CA Senate Committee Votes to Up Fines For False Gas Price Reporting

LCG, April 10, 2003The Energy Committee of the California Senate voted to increase false gas price reporting penalties by ten times.

Senator Joseph Dunn of Santa Ana brought forth the bill, Senate Bill 137, which sets the maximum penalty for using false data to make natural gas price indices at $25,000, up from the previous fine of $2,500. The bill also allows state regulators more authority to oversee indices.

The bill passed the committee vote 7 to 2 and now will face a second vote with the California Senate Judiciary Committee.

Several companies have reported that their employees had provided trumped up gas prices to industry periodicals last year, leading to unrealistic gas price indices. Dunns bill aims to give the California Public Utilities Commission greater ability to prevent inaccurate indices and allows the commission to set its own prices if no reliable prices are found.

According to the bill, purchase and sale reports comprising a published index will be time-stamped to the minute and will be required to include price, volume, delivery point, duration, date and time of transaction, and counterparty.

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