Coal power to be neglected this decade: WoodMac

COAL is expected to miss out on most of the US$40 billion of power generation investment this decade, according to Wood Mackenzie.

sponsored-logo
Coal power to be neglected this decade: WoodMac Coal power to be neglected this decade: WoodMac Coal power to be neglected this decade: WoodMac Coal power to be neglected this decade: WoodMac Coal power to be neglected this decade: WoodMac

By the end of the decade, Wood Mackenzie projects coal power to account for only 47% of the generation mix.

Close to two thirds of that power generation capital expenditure is expected to flow into new-build renewables by 2030, with equal amounts going into wind and solar.