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by nickles 1457 days ago
> However, much of this proposed capacity will not ultimately be built. Among a subset of queues for which data are available, only 23% of the projects seeking connection from 2000 to 2016 have subsequently been built. Completion percentages appear to be declining, and are even lower for wind and solar than other resources.
1 comments

Projects not being built indicate the massive success of falling costs. Projects that fail to reduce cost enough to compete get cancelled, and the capital goes to others instead.