BP’s latest review of the world’s appetite for energy, published this week, contained a startling chart indicating that coal’s grip on electricity generation has not changed in 20 years. I wrote yesterday on how, while true at a headline level, there were clear signs of a shift occurring at the margin when you looked at growth in different types of power generation rather than just absolute totals.
That becomes even clearer when you back out the big two growth markets: China and India.
To recap, here’s how the world’s mix of power generation has shifted in terms of which fuels and technologies account for the growth each year: Read More
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