"Coal Retirements To More Than Double Under Clean Power Plan -- EIA"

"A new analysis from the federal government's energy statisticians finds the Obama administration's plan to reduce the power sector's heat-trapping carbon emissions would raise electricity prices 4.9 percent above their current trajectory by 2020.

The Energy Information Administration will release projections today that the draft rule would spur a quick wave of coal plant retirements -- 90 gigawatts, rather than 40 GW, between 2014 and 2040. Most of the power plant retirements would happen by 2020, when the first requirements for emissions reductions begin.

EIA says the proposed rule would require 'significant investment' to handle rapidly growing supplies of wind, solar and other renewable sources of energy, including for transmission lines and other electric grid infrastructure."

Emily Holden, Nick Juliano, and Manuel Quiñones report for EnergyWire May 22, 2015.