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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 Cancels Sonoran Pipeline

LCG, Feb. 19, 2002--A $1.7 billion natural gas pipeline planned by Calpine Corp. and Kinder Morgan Energy Partners will not be built, according to representatives of the joint venture.

Calpine said shipping contracts with other companies could not be obtained. Furthermore, it said it had not spent "significant capital" on the Sonoran pipeline project, which was to have been operational in 2004. It would have brought gas from New Mexico's San Juan Basin to locations near the southern California border.

Calpine has been watched closely by investors after its debt was downgraded by the major rating agencies, and is seeking to obtain a $350 million credit line as it reigns in planned spending.

Another pipeline being developed by Calpine is meant to serve the Otay Mesa power plant near San Diego and is now expected in July 2003, later than expected.

According to the California Public Utilities Commission, lower usage of natural gas by gas-fired electricity generators has led to a 11% decrease in demand within the Southern California Gas Co. system. Wayne Andrews, an analyst with Raymond James & Associates Inc. in Houston said that pipeline capacity could be fully utilized when demand and economic conditions return to normal. After commenting that the "gas crisis" was not solved in California, he said "we just got a downturn in the economy. Natural gas consumers used fuel oil or anything else they could in reaction to the high prices."
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