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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

Calpine Buys Out Partner in New England Plants

LCG, Oct. 23, 2000--Calpine Corp. said Friday it would buy from Dartmouth, Mass.-based Energy Management Inc. the interest it does not already own in three recently-built New England power plants. Calpine will also get a joint marketing venture.

Calpine said it would pay $100 million in cash and $45 million in stock for the assets, as well as assume about $220 million of project financing. The power plants are located in Dighton, Mass., Tiverton, R.I. and Rumford, Maine, and represent a total of 700 megawatts of capacity.

Calpine senior vice president Bob Alff said "The Dighton, Tiverton, and Rumford assets are among the first merchant power plants in the New England market, and acquiring the remaining interest in these projects illustrates the implementation of our New England market strategy."

In other New England activity, Calpine is in the final stages of construction of the 500 megawatt Westbrook Energy Center, in Westbrook, Maine, and will shortly begin construction of the 500 megawatt Towantic Energy Center, in Oxford, Conn. The company also owns a 37 percent interest in the 160 megawatt Androscoggin Energy Center, located in Jay, Maine, as part of its recently completed acquisition of Northbrook, Ill.-based SkyGen Energy.

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