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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

New York Power Authority Stops Pursuing the Great Lakes Offshore Wind Project

LCG, September 29, 2011--The New York Power Authority (NYPA) Board of Trustees voted to terminate the process without awarding a contract to develop the proposed Great Lakes Offshore Wind Project (GLOW). The evaluation the proposals indicated the project was technically feasible; however, the cost for the 120-MW to 500-MW project proposals would have been two to four times greater than land-based wind.

NYPA estimated that development of a 150-MW GLOW project would have resulted in an estimated annual subsidy ranging from $60 million to $100 million. The subsidy and the current economic conditions were the reasons for the Trustees' action.

"While deciding not to proceed with GLOW, the Power Authority will continue its commitment to developing and implementing wind and other clean alternative energy sources to produce emissions-free power for the benefit of New Yorkers today and for future generations," said Gil C. Quiniones, acting president and chief executive officer, NYPA. "The Power Authority's participation in the evaluation of the LI-NYC Offshore Wind Project and in the regional efforts of such organizations as the Great Lakes Commission and the Great Lakes Wind Collaborative shows NYPA's dedication to affordable and environmentally-sound development of future offshore wind projects in New York State waters."

NYPA, together with Con Edison of New York and the Long Island Power Authority, is continuing to evaluate the LI-NYC Offshore Wind Project in the Atlantic Ocean off the southern coast of Long Island.
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