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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

Start-up Delayed for Finnish Nuclear Plant

LCG, January 14, 2009--The Areva-Siemens Consortium stated yesterday that the Olkiluoto 3 nuclear power plant unit is now not scheduled for completion until 2012. The initial target for completing the Finnish project was 2009.

Finnish utility Teollisuuden Voima (TVO) stated that the Areva-Siemens Consortium, the turn-key supplier of the 1,600-MW nuclear power plant, filed an arbitration request over delays and overruns in the Olkiluoto 3 project and that the completion date has been delayed until June 2012.

The power plant incorporates AREVA's European Evolutionary Power Reactor (EPR). In the United States, Areva is acting to develop a fleet of nuclear reactors using AREVA's U.S. EPR design, which is a Generation III+ design based upon AREVA's European EPR.

In December 2007, AREVA filed its design certification application for the U.S. EPR with the Nuclear Regulatory Commission (NRC), and the NRC accepted the application for review in February 2008.
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