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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

PG&E Corp. Can Wait on Repayment

LCG, August 5, 2002-Pacific Gas and Electric Corporation, parent company to the California PG&E utility, announced that it has been given waivers by some of its lenders.

Early today, Moody's Investors Service brought the corporation's rating down to "junk," and lenders to the PG&E utility said that repayment of major loans would be postponed through August 16 as long as the merchant energy affiliate PG&E National Energy Group has an investment-grade credit rating.

PG&E Corporation has some $1.3 billion in loans from several sources, including General Electric Capital Corporation and Lehman Commercial Paper.

The corporation has announced that it finds itself capable of meeting its loan requirements of the next year.

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