Good point. My apologies and thanks for the correction. I did not intend to mislead. So, the fraction of existing stock that is being developed is about 2% rat

Good point. My apologies and thanks for the correction. I did not intend to mislead. So, the fraction of existing stock that is being developed is about 2% rather than 1%. Although, I don't know how many of these proposed units replace existing units, so perhaps the estimate was also too generous in the other direction.