GAMBICA will be launching a white paper at the 2012 Motor Driven Systems conference in which it will make an economics based analysis of the comparison between investing money in efficient systems to reap financial gain and saving capital by not investing but accepting higher energy bills.
The paper, presented by GAMBICA deputy director Steve Brambley, will show how the lifetime cost of efficient equipment is lower due to the high proportion of energy costs in motor driven systems. Brambley will explain that 97% of the lifetime costs of a motor come from the energy it consumes and that energy efficient systems can deliver significant, often double digit, savings. He will also compare two example lifetime costs, the first with investment in motor control, the second without it.
“Running old or inefficient equipment is a false economy,” explains Brambley. “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.”
The Motor Driven Systems conference will take place on November 8 at St. John’s Hotel, Solihull. The event, which is supported by companies from the pump, compressed air, motors, drives, controls and fan industries, aims to bring together the varied strands of legislation, standardisation, system strategies and technological developments affecting motor driven systems.
In the context of the economic downturn and subsequent cuts, manufacturers are reluctant to invest in improving their systems. However, as time passes, inefficient industrial machines consume more and more expensive energy and begin eating away at profits. One solution to this problem is the installation of a variable speed drive (VSD) or alternative fixed speed form of motor control, as GAMBICA’s white paper illustrates.
“The American industrialist Henry Ford once said that, If you need a machine and don't buy it, then you will ultimately find that you have paid for it, but don't have it,” says Steve Brambley, deputy director of GAMBICA. “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,” he concluded.
The price for delegates to attend the Motor Driven Systems event is £235 plus VAT.
Motor Driven Systems Conference details
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