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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 Poised to Authorize Legislation to Reduce Greenhouse Gas Emissions

LCG, August 31, 2006--California is poised to approve legislation intended to
reduce greenhouse gas (GHG) emissions. Assembly Bill 32, or the "Global Warming
Solutions Act of 2006," incorporates the goal Governor Schwarzenegger set last
year to reduce GHG emissions to 1990 levels by 2020.

After extensive negotiations between Democratic lawmakers and Governor
Schwarzenegger, the bill is now expected to be sent to the Governor for approval
by midnight on today, when the legislative session ends. The Governor has
agreed to sign the bill.

The legislation includes a statewide cap on GHG emissions from electric utilities, refineries, and other selected industries. The program is scheduled for implementation in 2012. The goal is to reduce GHG emissions 25% by 2020 in order to alleviate concerns of global warming that may be caused by such emissions.

The California Air Resources Board would be responsible for developing the
regulations, including an as-yet-to-be defined trading system, plus a mandatory
reporting system to track emissions from the many sources. The bill would allow
for the governor to lift the cap for one year in the event of extraordinary
circumstances.

Related legislation that is anticipated to be sent to the Governor is Senate Bill
1368, which is designed to prevent California utilities from executing long-term
power purchase agreements for electricity from coal plants, which generally emit
the greatest quantity of GHGs (primarily carbon dioxide, or CO2) per unit of
electricity generated of any type of electric generating facility.

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