ETR · Earnings call · 2026Q3T · Full report

Generation Capacity Expansion

ENTERGY CORP /DE/ · 2026-11-02 · Importance 58 · Surprise 42

The Orange County Advanced Power Station (OCAPS) is complete and operational, supplying 1.2 gigawatts to Entergy Texas and supporting customer reliability amid population growth and industrial expansion. Entergy said it has 2.3 gigawatts, or three natural-gas plants, in the queue, ten plants in various stages of construction, and nine plants in regulatory review in Louisiana. Four additional plants are in the supply plan for later in the cycle, while eight units remain available for new growth opportunities. Management also described batteries, plant uprates, and solar as options to add capacity or serve customer needs sooner, while noting that some faster alternatives face significant cost challenges.

Key facts

• Entergy Texas’s Orange County Advanced Power Station is complete and operational, delivering 1.2 gigawatts of power.
• After OCAPS’s completion, Entergy had 2.3 gigawatts, or three natural gas plants, in the queue; ten plants in various stages of construction; nine plants in Louisiana in regulatory review; four additional plants in its supply plan later in the cycle; and eight units available for new growth opportunities.
• Entergy expects the solar investment associated with Meta’s Vista project could come in during the back end of the current forecast period and extend beyond 2030.