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We need at least 24b more into electrification.
It’s wild to me that coal still went up by like 15% in absolute numbers.
China (and a smaller part, India) is cause of that huge amount of not only existing, but new coal plants.
source (note: from 2024 data so that “under construction” is now operational in 2025)
China is frequently citied for all its new green energy project (for which it deserves credit), but realistically China is just in need of electricity in whatever form it can get it.
Didn’t pretty much everything go up? Gotta power those datacenters somehow
