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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

Duke Announce Plans for Utility-Scale Solar Investments in Florida

LCG, April 2, 2015--Duke Energy Florida plans to add up to 500 MW utility-scale solar power in Florida by 2024. The proposal is included in Duke's 2015 Ten-Year Site Plan provided Tuesday to the Florida Public Service Commission (FPSC). Construction of the first site will begin later this year.

"Innovative investments in solar energy will provide customers with more options to use this resource, while diversifying our energy mix and continuing to meet the needs of Florida's growing economy and population," said Duke Energy Florida???s state president.

The initial project will be up to five MW, with 35 MW expected to be completed by 2018. Duke Energy Florida will use these initial solar projects as a basis to evaluate costs and monitor the effects of this resource on the electric grid infrastructure.

In addition to the solar investments, Duke Energy Florida plans to install a 1,640-MW combined-cycle natural gas plant in Citrus County. The first 820 MW block of capacity is expected to come online in spring 2018, and the second 820 MW block is scheduled to commence operations by the end of 2018. In addition, the company will upgrade its combined-cycle Hines plant in Polk County and purchase Calpine's 590-MW, gas-fired Osprey plant (also in Polk County). The investments will enable the company to meet needs for additional generation beginning in 2018 and to retire half of its Florida coal-fired fleet in 2018.??

The utility-scale solar investments by Duke Energy are not new. Over the past eight years, Duke Energy stated that it has invested more than $4 billion in wind and solar facilities in 12 states, including the company's Stanton Solar Farm located in Orange County. The company plans to invest $2 billion to $3 billion in renewable energy in the next five years.
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