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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

Nisource, Columbia Merger to Cost 800 Jobs

LCG, Oct. 13, 2000-- Nisource Inc., which is acquiring Columbia Energy Group, announced Thursday it will cut 800 jobs, or about 5 percent of the companies' combined work force, when the merger is completed.

The company said the cuts will be made through involuntary terminations and early retirements. Employees leaving the companies involuntarily will be provided separation benefits as well as assistance in seeking new career opportunities.

Pink slips will be issued throughout the organization geographically and at all staff levels, Nisource said. Company spokeswoman Sally Anderson said a breakdown of job cuts in individual states was not available.

Nisource's acquisition of Columbia, which began as a hostile takeover, will create the largest U.S. gas utility east of Southern California. The new company will serve about 3.6 million gas and electric customers in nine states in the Midwest and Northeast.

The company said the "synergies" will save the two companies about $100 million next year and increase to $175 million in 2004.

Approval by the Securities and Exchange commission is the only remaining regulatory action required to complete the merger.

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