![Figure 1: Global installed capacity in 2012 and 2040 and projected capacity additions](https://www.infrastructureusa.org/wp-content/uploads/2016/06/global-installed-capacity.jpg)
BLOOMBERG NEW ENERGY FINANCE
Cheaper coal and cheaper gas will not derail the transformation and decarbonisation of the world’s power systems. By 2040, zero-emission energy sources will make up 60% of installed capacity. Wind and solar will account for 64% of the 8.6TW of new power generating capacity added worldwide over the next 25 years, and for almost 60% of the $11.4 trillion invested.