... He said China's generating capacity had been expanding at an average of about 100 GW a year since 2004, an increase surpassing Italy's total capacity of 88 GW.

So, this is actually a bit of a slowdown?

... Wind power capacity will rise more than 74 percent to surpass 4 GW by the end of this year, from 2.3 GW at the end of 2006, he said. "Wind power capacity will likely top 10 GW by 2010, doubling the previous plan of 5 GW," Zhao said.

Despite concerns about global warming, there will be a steady increase in world coal-fired generation resulting in installed capacity of 2.1 million MW (2l00 GW) by 2020.

This new forecast in the McIlvaine report, Coal-fired Boilers: World Analysis and Forecast, represents a substantial reduction from the forecast made in April when the 2020 anticipated capacity was predicted at 2.7 million MW.

The lowering of the forecast is primarily due to restraints on new coal-fired power plant construction in Europe and the US due to concerns about global warming. In April it was estimated that expenditures of $2.5 trillion would be made for new plants. It is now estimated that expenditures for new plants will be only $1.5 trillion ["only" $1.5 Trillion?! -ed.] , but that there will be substantial investment in upgrading existing plants to meet environmental and efficiency goals.

India will be the second leading country in terms of coal-fired generating additions. It will add more than 100,000 MW of coal-fired capacity by 2020.

Again, a substantial underestimate in my book!  I would estimate almost five times that!  But they try and save themselves with this:

There are a number of important variables which potentially will change the forecast again. However, most of these variables are likely to result in upward rather than downward changes in the forecast. One possibility is that the average citizen will not deem the global warming threat as severe enough to warrant doubling electricity rates.