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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

FPL Energy Wants to Own 50 Percent of Nuclear Operator

LCG, Sept. 15, 2003--FPL Energy has reached an agreement with British Energy concerning the price at which it could acquire British Energy's 50-percent stake in the nuclear power-plant operator AmerGen Energy.

The deal, worth $276.5 million, would need to receive approval by the other owner, Exelon Corp., a Chicago-based utility holding company. Unless Exelon exercises its right of first refusal within 30 days, FPL Energy, a subsidiary of FPL Group, would be able to complete the purchase in the first quarter of 2004. FPL Energy would receive $8.3 million from Exelon if the purchase was refused.

AmerGen Energy operates nuclear plants in Clinton, Ill., Middleton, Pa., and in Lacey, New Jersey. The three plants have a total capacity of 2,480 megawatts. FPL Energy currently owns one nuclear plant in Seabrook, N.J., as well as approximately 90 other gas-fired and wind-powered generating units across the country.
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