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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 Bill Clarifies Merchant-Utility Interaction

LCG, Apr. 30, 2003--A bill now in the California senate that is sponsored by Sen. Joe Dunn, D-Santa Ana, will likely be modified by amendments that put more emphasis on competitive wholesale power sales, while ending direct access for customers.

Some representatives, such as Sen. Debra Bowen, D-Marina del Rey, the chair of the Senate Energy Committee, have said that SB 888 will deter new private investment. The bill, of which Bowen is a co-author, would encourage long-term contracts rather than the spot market, and prevent the state's major utilities from selling off their remaining power generation.

The Independent Energy Producers Association's spokesman has stated that the SB 888 does not agree with state agencies' current planning for future market operations, and is based on political motivations. While customers who contracted directly with energy sellers would not be allowed to renew their contracts if the bill were to go into law, power consumers such as refineries, which are often served by on-site cogeneration plants, could maintain the arrangements they have.

One amendment states that "direct investment in electric generation plants isn't the exclusive method for electrical corporations to fulfill their obligation to serve retail customers at just and reasonable rates." A vote is anticipated on SB 888 next week, after legislators have considered the amendments.
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