It's worth remembering that 20 years ago in 2005, renewables were just 1% of global electricity capacity. Interesting that coal will finally start declining, but gas hasn't yet. Even though coal power use will increase in the US, its decline in China & the EU is bigger, so coal declines overall.
The IEA forecast renewables to be 50% of global capacity by 2030, but they have always underestimated and been too conservative with predictions, so that may happen sooner. There are still huge economies-of-scale price decreases ahead for renewables. By 2030-35 as renewables approaches 80% will anybody be building new power plants of any other type?
IEA: Renewables will be world’s top power source ‘by 2026’