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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

Enron India Lenders to Meet in London

LCG, April 19, 2001Enron Corp. said this morning that its Enron India subsidiary has scheduled an April 23 meeting in London with financial institutions that lent money for the construction of the Dabhol power plant in India's state of Maharashtra.

The meeting is planned to bring Dabhol's lenders up to date on ongoing differences with Maharashtra and the state's government owned utility, but could foreshadow international arbitration in the dispute. Earlier this month, Enron issued a notice of "force majeure" which is the first step in taking the matters to arbitration.

Maharashtra agreed with Enron in 1995 on construction of a 740 megawatt "first phase" of Dabhol and to a 1,450 megawatt second phase to be built on the heels of the first, with the state to purchase the entire output. The state's utility, the Maharashtra State Electricity Board, has defaulted regularly on payments to Dabhol for power from the first phase and now says it has no interest in the second phase, which is nearly complete.

Enron has twice invoked India's federal guarantee to secure payment of monthly electric bills and is now owed about $48 million for power delivered in January. Lenders have extended about $1.2 billion for construction of the second phase, which is expected to begin operation later this year.

Lenders likely to attend next Monday's meeting in London include the Indian institutions Industrial Development Bank of India, Industrial Finance Corporation of India , Canara Bank, State Bank of India and ICICI Ltd., an investment bank.

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