December 10, 2025 - A new study by Energy Ventures Analysis (EVA) estimates the costs of replacing coal plants with renewable power sources.  America’s Power President and CEO Michelle Bloodworth released the following statement:

“Americans are concerned about rising electricity prices, and this new study shows that keeping coal plants open, rather than retiring them, is a good way to avoid unnecessary increases in electricity prices. The study estimates that continuing to operate retiring coal plants rather than building new renewable power sources could save at least $3 billion and as much as $54 billion per year.  Moreover, these huge cost savings do not quantify the loss of reliability attributes that coal provides and renewables do not.

“Americans are concerned about rising electricity prices, and this new study shows that keeping coal plants open, rather than retiring them, is a good way to avoid unnecessary increases in electricity prices. The study estimates that continuing to operate retiring coal plants rather than building new renewable power sources could save at least $3 billion and as much as $54 billion per year.  Moreover, these huge cost savings do not quantify the loss of reliability attributes that coal provides and renewables do not.

“Policymakers need to understand that an all-of-the-above energy strategy that includes coal as an irreplaceable part of our electricity mix is crucial to maintaining affordable electricity prices and the reliability of our grid.”

You can read the full report and a short summary on the America’s Power Website: Understanding the True Cost of Replacing Existing Coal Plants with New Renewables”

For additional information, please visit www.AmericasPower.org.