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EIA Analyzes Electric Generating Capacity Addition and Retirement Plans for 2025

LCG, August 20, 2025--The U.S. Energy Information Administration (EIA) today released its weekly "In-brief analysis" summarizing preliminary estimates of the nation's new electric generating capacity added in the first 6 months of 2025, together with preliminary estimates for the last half of the year. Similarly, planned capacity retirements in 2025 are addressed.

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GE Vernova Announces Expansion of Center for Excellence for Steam and Generator Assembly and Testing in New York

LCG, August 19, 2025--GE Vernova today announced a new $41 million investment in its historic Schenectady facility to increase generator manufacturing capacity to help meet rising global customer demands. The new funding will enable enhancements to the manufacturing of GE Vernova’s H65 and H84 generators, which accompany the energy company’s most efficient HA gas turbines.

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Industry News

Minnesota Poised to Adopt 25x25 Renewable Energy Plan

LCG, February 21, 2007--The Minnesota legislature Tuesday passed a bill designed to cause 25% of retail electric sales to customers in Minnesota to be supplied from renewable resources by 2025. The House overwelmingly approved the bill by a 123-10 vote, and the Governor has stated he will sign the legislation shortly.

The legislation includes renewable supply goals for most utilities of 7% by 2010, 12% by 2012, 17% by 2016 and 20% by 2020. The legislation allows for the Minnesota Public Utilities Commission to defer or change the schedule if it is in the public interest.

Renewable supply resources include wind, hydroelectric, solar, and hydrogen. Wind energy is specifically targeted to account for one quarter of the renewable supplies utilized.
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