Posted to News on 20th May 2012, 22:09
White Paper analyses lifetime costs of motor driven systems
GAMBICA will launch a new White Paper at the 2012 Motor Driven Systems Conference in which the economics of system efficiency will be analysed: the cost of investing in efficient systems with reduce operating costs is compared with the reduced capital expenditure and higher long-term energy costs for lower-efficiency systems.
Presented by GAMBICA Deputy Director Steve Brambley, the White Paper will show how the lifetime cost of efficient systems is lower due to the high energy costs associated with motor driven equipment. Approximately 97 per cent of the lifetime cost of an electric motor is accounted for by the energy it consumes, so energy-efficient systems can deliver significant - often double-digit - savings. In addition, the White Paper compares the lifetime costs of systems with and without motor controls.
Brambley explains: "Running old or inefficient equipment is a false economy. The real barrier to investment is the understanding of the lifetime cost of a system at a corporate and financial level. In contrast, I think engineers readily accept the benefits of motor control [such as variable-speed drives (VSDs)]."
Conference details
The 2012 Motor Driven Systems Conference takes place on 8 November in Solihull. The event, which is supported by companies from the motors, drives, controls, pumps, fans and compressed air industries, will cover the legislation, standards, system strategies and technological developments affecting motor driven systems.
Brambley states: "The American industrialist Henry Ford once said that if you need a machine and do not buy it, then you will ultimately find that you have paid for it but do not have it. I believe that a century later, his assertion is more pertinent than ever for UK manufacturing. As our findings point out, VSDs can reduce the energy cost of most fixed-speed motor driven systems by more than their own capital cost in a relatively short period - often less than a year. As energy prices continue to soar, the return on investment on a VSD application increases in proportion to the bill."
Follow the link to find out more about the 2012 Motor Driven Systems Conference, the theme for which is applying technology and a systems engineering approach for reduced energy consumption. The organisers are encouraging attendance by everyone in the supply chain, including machine builders, system integrators, end users, and manufacturers and distributors of motors, drives and controls. In addition, the event will have parallel streams for attendees interested in technological and financial issues.
