Economic Barriers to the Application of Energy Efficient Motors in Industry

In this paper we present a technical, economic and financial feasibility analysis of the replacement a standard-efficiency induction motor (IE1) by a Premium-efficiency induction motor (IE3) in an industrial application. We consider a press used for the production of crude degummed soybean oil and s...

Full description

Saved in:
Bibliographic Details
Published in:Revista IEEE América Latina 2020-10, Vol.18 (10), p.1817-1825
Main Authors: Donolo, Pablo Daniel, Chiacchiera, Eliana, Pezzani, Carlos Martin, Lifschitz, Ayelen Susana, De Angelo, Cristian
Format: Article
Language:eng ; por ; spa
Subjects:
Asset management
Cost benefit analysis
Decision making
Economic analysis
Economic indicators
Economic models
Efficiency
Electric motors
Electric power
Energy efficiency
Feasibility studies
Induction motors
Industrial applications
Integrated circuit modeling
Interest rates
Load modeling
Presses
Silicon
Silicon compounds
Soybean oil
Soybeans
Subsidies
Citations: Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:In this paper we present a technical, economic and financial feasibility analysis of the replacement a standard-efficiency induction motor (IE1) by a Premium-efficiency induction motor (IE3) in an industrial application. We consider a press used for the production of crude degummed soybean oil and soybean expeller, from an industry in the Province of Cordoba, Argentina. We use a model of the induction motor that drives the press to correctly estimate the load level and the performance of the induction motor currently used. With the data obtained from the model, we analyze the economic and financial feasibility of the induction motor replacement for the registered operating conditions, with the current energy prices and the associated subsidies. We calculate different indicators for the current scenario and future forecasts. The results show that, in the current context of high interest rates and high subsidies to electric power, economic barriers may exist to the replacement of induction motors by the higher efficiency class. However, the analysis with future scenarios of lower subsidies for electric power and / or lower interest rates on financial income can cause these barriers to be removed.
ISSN:1548-0992
1548-0992
DOI:10.1109/TLA.2020.9387673