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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

California PUC Postpones Rate Decision

LCG, Feb. 9, 2002--The California Public Utilities Commission will delay a decision on charges to be assessed to repay the Department of Water Resources for electricity purchases.

The DWR paid for electricity purchases in the state last year when suppliers would no longer sell to the state's utilities, which experienced wholesale power costs well in excess of what they could charge customers. The commissioner Carl Wood asked that additional time could be allowed to consider an alternative to the proposed plan to assess charges evenly within customer classes in all parts of the state.

This allocation of costs, known as the "postage stamp" method, criticized by San Diego Gas & Electric because the utility had lower rates than Pacific Gas and Electric and Southern California Edison, and required less in the way of state purchases as a result. The company and a group of its customers is advocating that the PUC vote in favor of charges based on the cost to DWR of supplying the different service territories.

The postage stamp method is favored by the Utility Consumer Action Network in San Diego and The Utility Reform Network, based in San Francisco. Mindy Spatt of TURN said, "these aren't typical utility cots because the power was purchased for the benefit of everyone in the entire state."

San Diego Gas & Electric spokesman Ed Van Heric hopes that the PUC's delay, which he called "a cause for optimism," will end with a ruling for cost-based allocation on Feb. 21.
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