Proof of market for an innovation in power electronics with energy-saving potential of 30–40% in many well-established industries (cement, mining, escalators etc.)

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Power Drive Efficiency Ltd. (www.powerdriveefficiency.com) is currently developing anovel motor controller. It is based on a patented technology that employs sophisticatedalgorithms to monitor motor performance and dynamically adjust the driving parameters,resulting in an increase of motor efficiency of up to 40%. The energy-saving controller is usedwith an existing motor, and can be installed as either an upgrade (replacing the old controller),or in parallel (allowing the operator to switch between the two). It can be used either in analtogether new installation (i.e. new factory design), or as a retrofit into existing factoryapplication. Key benefits of using such a controller are in energy savings, prolonged life ofthe motor, and improved asset usage information for plant managers. Given thatapproximately half of all power generated in the UK is used to drive electric motors, theenergy savings benefits and environmental impact of adoption of this technology in selectedmarket segments is potentially significant.