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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

Xcel to Curtail SOx from Coal Plants

LCG, Dec. 30, 2002--Emissions of sulfur dioxide (SO2) will be cut starting in January under a program initiated by Xcel Energy and covering three coal-burning power plants it owns in the Denver area.

The investment of $211 million needed will come from rate increases extending over 15 years. A typical residential customer will pay 91 cents as a surcharge on his or her monthly bill, while business customers will pay an average of an additonal $1.85 for the program. Xcel, based in Minneapolis, is not required to make the improvements to its plants, but was allowed to do so with the approval of the Colorado state legislature in 1997.

Emissions reductions will be equivalent to a 70 percent reduction compared to uncontrolled releases from the plants, which represent a total of 1,100 megawatts of capacity. Additionally, two units at a plant will be shut down. Xcel said it plans to make even more significant reductions in Minneapolis if the state gives it the necessary approval for changes in rates.
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