Risk-reward scheme on new drives is no brainer 08 August 2012

A risk-reward scheme launched by ABB's drives business claims to identify and guarantee energy saving from multiple motor-driven applications across a plant.

Dubbed ABB DriveSave, it's aimed at large energy consumers in industries such as metal processing, chemical, oil and gas and pulp and paper.

Takers need to be willing to invest between £500,000 and £2 million on achieving target savings from 5,000MWh and above per year, with a return on investment in under three years.

Neil Ritchie, business unit manager for low voltage ac drives at ABB, explains that, if savings are up to 10% below the target, ABB will provide compensation. If savings rise up to 10% over target, then ABB gets a bonus.

The scheme includes design, installation and commissioning of the variable speed drives, as well as five years' warranty and a preventive maintenance programme.

"We have decades of experience in measuring and proving the energy saving and believe that by including the installation, commissioning and on-going support for the drives, end-users have an even more compelling reason to consider DriveSave," says Ritchie.

And he adds: "Previously, smaller projects would be carried out on an ad hoc basis, with no guarantees of energy saving... Through combining numerous smaller projects into one purchase order, ABB DriveSave cuts the time and effort involved in purchasing energy-saving projects, making each project more cost-effective."

Brian Tinham

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