Click to enlarge.
The US international trade deficit in goods and services increased to $63.1 billion in October from $62.1 billion in September as imports increased more than exports.*
Despite magical thinking from the Trump Administration, the October imports of automotive vehicles, parts, and engines ($32.2 billion) were the highest since July 2019 ($32.4 billion). Worse, October imports from Mexico ($33.1 billion) were the highest on record. US vehicles sold in China are now at a distinct price disadvantage to European and Asian imports because of retaliatory tariffs. In fact, U.S. trade in goods with China year-to-date is a whopping -$25,289,400,000. Continue reading
Bosch All In on Fuel Cell Power Stations. Production in 2024
Bosch and Ceres are betting fuel-cell technology has a vital role to in future power supply.
Bosch says it will try and start full-scale production of distributed power stations based on solid oxide fuel-cell technology in 2024. The aim is an annual production capacity of 200 megawatts – enough to supply ~400,000 people with electricity in their homes. Bosch plans to invest hundreds of millions of euros in the solid oxide fuel cell (SOFC). SOFC systems can in theory ensure sustainable power supplies – with zero emissions of nitrogen oxides, particulates, and CO2. With an overall efficiency of more than 85% claimed, the solid oxide fuel cell is arguably superior to any other energy converter.
As a precursor, Bosch is now increasing its alliance with Ceres Power. Following what Bosch says is a successful prototype construction phase, the two companies will continue to explore the commercialization process for stationary fuel cells. Bosch holds a technology license from Ceres Power and has been manufacturing fuel cells and stacks in-house since 2019. Pilot plants based on solid oxide fuel cells are already being successfully tested at various Bosch locations. (AutoInformed – Bosch Buys Small Piece of Fuel-Cell Specialist Ceres Power) Continue reading →