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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

NYSE&G Says New York Short on Energy Supply

LCG, April 6, 2001Utility New York State Electric & Gas Corp. says its state does not have enough in the way of power plants, transmission facilities and natural gas pipelines to support a competitive wholesale electricity market.

"Today, rising total electric prices in parts of New York threaten our economy," NYSE&G's president Ralph Tedesco said. "While NYSE&G strongly supports competition, our experience in New York, coupled with the California experience, underscores the need for us to reevaluate the time frame and infrastructure requirements necessary to achieve our goals."

NYSE&G, in a report with the title "New York State's Electric Energy Crisis and NYSE&G's Comprehensive Solution," says that since the New York Independent System Operator took over the wholesale power market in November 1999, wholesale electricity prices have risen more than 100 percent because there is insufficient in-state supply to create a liquid market.

Ken Klapp, a spokesman for the ISO, said most of what the utility is talking about is being addressed by the ISO and the New York State Public Service Commission.

NYSE&G's "Comprehensive Solution" consists of price caps on wholesale power through 2008.

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