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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

Reliant Resources Abandons Gas Trading

LCG, Mar. 10, 2003--Recent volatility in natural gas prices has prompted Reliant Resources to announce today it will no longer be involved in proprietary trading in that market.

The company said that a trading loss of approximately $80 million following the closing of a short position for March deliveries and a long position for April deliveries was a direct cause of its decision. The price of the NYMEX March contract increased by $2.53/mmBtu in February, from its closing price on Friday the 21st to trading on Monday, the 24th.

Reliant Resources has posted an additional $0.1 billion in collateral to maintain liqiduity, in addition to its January total of $0.7 billion from its domestic margin and collateral. Aside from the negative impact of market volatiliy for its trading operations, Reliant has seen revenues earned by coal generating plants it owns rise, due to higher market prices caused by conditions in the natural gas market.
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