American Economics Thread

[Tam]

A Monster Wind Turbine Is Upending an Industry​

The G.E. machines will have a generating capacity that would have been almost unimaginable a decade ago. A single one will be able to turn out 13 megawatts of power, enough to light up a town of roughly 12,000 homes.

The turbine, which is capable of producing as much thrust as the four engines of a Boeing 747 jet, according to G.E., will be deployed at sea, where developers have learned that they can plant larger and more numerous turbines than on land to capture breezes that are stronger and more reliable.

Although offshore turbines now account for only about 5 percent of the generating capacity of the overall wind industry, this part of the business has taken on an identity of its own and is expected to grow faster in the coming years than land-based wind.

Please, Log in or Register to view URLs content!

Is China looking into this? Never underestimate the power of U.S. leapfrog innovation.

Will?

China already connected its first 10MW wind turbine last July. Past tense.

Please, Log in or Register to view URLs content!

CIMC hooked up with Norway partner to build ships that can install 15MW+ wind turbines.

Please, Log in or Register to view URLs content!

Tender to build two wind installation vessels made before the end of the year.

Please, Log in or Register to view URLs content!

Danish and Taiwan investment to build Changhua wind farm.

Please, Log in or Register to view URLs content!

 

[AssassinsMace]

The US leapfrogging China...? I thought the US was always ahead. You think the US can make a less expensive windmill? That's something that will always be a problem for the US hence why Obama and Trump had to slap tariffs on green energy technology. Remember Solyndra had a better solar panel but it didn't matter because it was more expensive making the price to generate electricity more.

 

[j17wang]

A Monster Wind Turbine Is Upending an Industry​

The G.E. machines will have a generating capacity that would have been almost unimaginable a decade ago. A single one will be able to turn out 13 megawatts of power, enough to light up a town of roughly 12,000 homes.

The turbine, which is capable of producing as much thrust as the four engines of a Boeing 747 jet, according to G.E., will be deployed at sea, where developers have learned that they can plant larger and more numerous turbines than on land to capture breezes that are stronger and more reliable.

Although offshore turbines now account for only about 5 percent of the generating capacity of the overall wind industry, this part of the business has taken on an identity of its own and is expected to grow faster in the coming years than land-based wind.

Please, Log in or Register to view URLs content!

Is China looking into this? Never underestimate the power of U.S. leapfrog innovation.

Is this a joke? NYT is becoming Hindustan times, they write a press release for G.E. and don't even mention a trial location or a deployment date...

To answer your question, yes, China is looking into this. They have an 11MW design to install next year. And this comes from an actual reputable journal.

Please, Log in or Register to view URLs content!

 

[hashtagpls]

The US leapfrogging China...? I thought the US was always ahead. You think the US can make a less expensive windmill? That's something that will always be a problem for the US hence why Obama and Trump had to slap tariffs on green energy technology. Remember Solyndra had a better solar panel but it didn't matter because it was more expensive making the price to generate electricity more.

It never fails me amuse me, the level of wishful thinking and stupidity that comes from some american nationalists, that if they restore manufacturing back to the US, that it will solve all their unemployment problems. Maybe it could...if they could find a market to buy the overpriced, uncompetitive american made goods when there are better, cheaper Chinese made goods available. The average american worker is simply uncompetitive relative to the world- and this is coming from a country that has less labour rights than Germany or China

 

[BlackWindMnt]

It never fails me amuse me, the level of wishful thinking and stupidity that comes from some american nationalists, that if they restore manufacturing back to the US, that it will solve all their unemployment problems. Maybe it could...if they could find a market to buy the overpriced, uncompetitive american made goods when there are better, cheaper Chinese made goods available. The average american worker is simply uncompetitive relative to the world- and this is coming from a country that has less labour rights than Germany or China

The US and the west in general are too much debt loaded. Even if they give me free health care, free public transport and other things for free my other mortgage already make me not competitive.

Maybe in products where workers salary are a insignificant part of the costs. Maybe If the euro dollar system collapses it might be possible to reindustrialize the west.

 

[2handedswordsman]

The US and the west in general are too much debt loaded. Even if they give me free health care, free public transport and other things for free my other mortgage already make me not competitive.

Maybe in products where workers salary are a insignificant part of the costs. Maybe If the euro dollar system collapses it might be possible to reindustrialize the west.

Or just strip from billionaires their unjustified amount of $$. If US happened to do this they may be able to rebuild the country fron scratch, then destroy it, and the again rebuild it. Just for fun

 

[AssassinsMace]

It never fails me amuse me, the level of wishful thinking and stupidity that comes from some american nationalists, that if they restore manufacturing back to the US, that it will solve all their unemployment problems. Maybe it could...if they could find a market to buy the overpriced, uncompetitive american made goods when there are better, cheaper Chinese made goods available. The average american worker is simply uncompetitive relative to the world- and this is coming from a country that has less labour rights than Germany or China

It's no different from when Obama regarding AIIB argued countries would rather have more restrictions placed on them when getting loans for infrastructure that AIIB didn't provide. What country would rather have more restrictions placed on them in order to get money?

 

[quantumlight]

Permanent underclass, one step up from legal slavery aka prisoners making 40 cents per hour

The gig economy is going to displace everything until AGI/UBI takes over

Please, Log in or Register to view URLs content!

 

[LesAdieux]

the US lost 140k jobs in December, the first drop since April. the raging covid starts to take its toll. the US economy may suffer a double dip in Q1.

to be fair, the US economy has shown impressive resilience, but the relentless rage of the covid is too much. I made a call in September: "the second wave, the double dip". now I put the odds for Q1 dip at 50:50.

 

[2handedswordsman]

to be fair, the US economy has shown impressive resilience

To be fair the US economy self injected multiple trillions on inflation-proof liquidity out of thin air( nobody purchases bonds) while manipulating the price of precious metals for dollar to stay afloat. Capitalist economics ftw...such a joke