in 12 mths to jan 2018:
• pipeline shrank 30% (549GW to 387GW)
• only 8% (46GW) entered construction
• 31% (172GW) was cancelled
• 75% of the 'planned' projects are not yet permitted!
meanwhile:
• 57GW (12%) of capacity actually under construction was shelved/cancelled
• coal power stations totalling 55GW retired.
On Simon's figures, we may already have passed or are at least are very close to peak coal. Awesome.
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