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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 Plans 1,000 Megawatts for Virginia

LCG, Nov. 21, 2001--Calpine Corp. said this morning that it plans to build, own and operate a 1,000 megawatt combined-cycle, natural gas-fired power plant in Gravel Neck, Va., northwest of Newport News.

The company said the proposed Chippokes Energy Center represents an investment of about $500 million and is planned for commercial operations in mid-2005.

"The Chippokes Energy Center will be among the first new combined-cycle generating facilities in the Virginia-Carolinas region of the Southeastern power market, and reinforces our presence in this important market sector," said Bob Alff, a Calpine senior vice president and head of its eastern region.

"The Chippokes facility, combined with our growing portfolio of assets throughout the Southeast, will allow us to capture significant economies of scale, establish strong geographic diversity, and provide customers with highly reliable system-based products and services throughout this important market region," he added.

As Calpine plans to configure the plant, it will provide 790 megawatts of baseload power and have an additional 210 megawatts of peaking capacity. The plant will interconnect with a substation owned by Virginia Electric & Power Co., providing excellent transmission access to markets throughout the Southeast, Calpine said.

Ernest L. Blount, chairman of the Surry County Board of Supervisors, said "Modern power plants are clean and quiet neighbors and represent a high value investment for our community. We welcome Calpine and look forward to working with them as the project moves forward."

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