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That 99% may be just Australia and not the entire world? There seems to be a ton of new coal and gas plants still coming online, 95% of them in China and India. 100 GW of new coal plants and 100 GW of gas. There are probably ~1000 gas plants in the pipeline just in US for data centers. And a ton more onsite gas turbines, like Musks Colossus DC, 1GW of compute powered by gas turbines.

From: https://www.carbonbrief.org/new-coal-plants-hit-10-year-glob...

> In 2025, coal-capacity growth hit a 10-year high, with 97 gigawatts (GW) of new power

> The number of new coal-fired power plants built around the world hit a “10-year high” in 2025

> It adds that 95% of the new coal plants were built in India and China.

> 70% of the coal-fired units scheduled to retire globally in 2025 did not do so

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..In another global milestone, renewables overtook coal power in 2025. Solar, wind, hydropower and other renewable sources together contributed more than a third of global electricity generation for the first time in the modern power system. Conversely, the share of coal power fell below a third for the first time in history. .. Driven by record solar growth, low-carbon power generation increased by 887 TWh in 2025, outpacing electricity demand growth of 849 TWh. Solar power alone met 75% of the net increase in electricity demand. Together with wind, the two sources met almost all (99%) demand growth. For the first time since the Covid-19 pandemic in 2020, and only the fifth time this century, fossil generation did not rise, recording a small fall of 38 TWh (-0.2%).