THE ADVANTAGE OF POWER FACTOR CORRECTION EQUIPMENT
Improving the power factor will reduce operating costs by eliminating or deferring the need for new equipment, help existing equipment last longer, and make future expansions less costly. Also, lower rating-sized equipment can be used, saving unnecessary capital expense.
All this is in addition to a quick return on investment and long-term savings that are realized from installing PFC unit systems to improve power factor.
From the utility company’s point of view, raising the average operating power factor of the entire grid network could reduce cost from inefficiencies in the network, increase generation and distribution potential and reduce demand on the grid.
The utility can save hundreds of thousands of tonnes of fuel (and produce fewer emissions), have more transformers available, and reduce the likelihood of building new power plants and their support systems.
For this reason, many utility companies charge a power factor penalty so they can recover the additional costs incurred from supporting an inefficient system.
Within industrial processes, motors have no way of intelligently adjusting the amount of electricity they consume in relation to the job or work they are designed to do. Again, today’s industrial applications require looking beyond traditional energy conservation measures. Purchasing high-efficiency motors as a solution to reduce energy costs is a response that is typically unworkable due to excessive cost.
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