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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

TransCanada, AltaGas to Buy Enron Canada Assets

LCG, Dec. 6, 2001--TransCanada PipeLines Ltd. said yesterday it has entered into a memorandum of agreement with AltaGas Services Inc. to form a partnership which would purchase the remaining rights and obligations of the 706 megawatt Sundance B power purchase arrangement from Enron Canada Power Corp.

TrasnsCanada said its subsidiary TransCanada Energy Ltd. will contribute about $110 million Canadian ($69 million U.S.) to the partnership upon closing for a 50 per cent interest.

The rights to the capacity of the Sundance B facility were originally purchased by Enron Canada Power Corp. under the Government of Alberta's auction in August 2000. At that time, TransCanada acquired the rights to the 560 megawatt Sundance A facility.

"TransCanada believes this arrangement represents an extremely competitive source of power in Alberta -- one of our core markets," said Hal Kvisle, chief executive. "This is another example of TransCanada demonstrating its ability to move quickly when a good business opportunity arises."

The Sundance power plant is located about 45 miles west of Edmonton, Alberta, and is the largest coal-fired electrical generating facility in Western Canada.

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