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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

Entergy to Close FitzPatrick Nuclear Station in New York

LCG, November 5, 2015--Entergy Corporation Monday announced that it will close the James A. FitzPatrick Nuclear Power Plant in New York. Entergy stated that the decision is driven by reduced revenues cause by low natural gas prices and a market design in New York that does not adequately compensate nuclear power generation for the benefits provided. Entergy reported to the operator of the electric grid, the New York Independent System Operator (NYISO), and to the New York State Public Service Commission that it will retire the plant at the end of the current fuel cycle, which is expected to occur in late 2016 or early 2017.

The James A. FitzPatrick Nuclear Power Plant is an 838-MW electric generating station with over 600 employees. The carbon-free facility is located in Oswego County and began commercial operations in 1975. In 2008 the Nuclear Regulatory Commission (NRC) extended the operating license for the facility to October 17, 2034.

Entergy's chairman and chief executive officer stated, "Given the financial challenges our merchant power plants face from sustained wholesale power price declines and other unfavorable market conditions, we have been assessing each asset. As part of this review, we previously announced the closure of the Pilgrim Nuclear Generating Station in Massachusetts and have now decided that despite good operational performance, market conditions require us to also close the FitzPatrick nuclear plant."

Entergy stated that its estimates of current and forecast power prices have fallen by about $10 per megawatt-hour, which equates to a projected annual loss of more than $60 million in revenues for FitzPatrick. Moreover, the plant owner receives no compensation for providing carbon-free electricity from a highly reliable facility, with on-site fuel storage.

Over the past two months, Entergy and New York State officials were unable to resolve the problem and achieve an agreeable solution.

The Governor of New York stated, "The closing of the James A. FitzPatrick Nuclear Power Plant will devastate the lives of the more than 600 employees and their families. Good corporate citizenship must appreciate that there are many factors that count as the 'bottom line.' The State of New York will pursue every legal and regulatory avenue in an attempt to stop Entergy's actions and its callous disregard for their skilled and loyal workforce."

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