Yenakievo Iron and Steel Works JSC (EMZ), a part of Metinvest Group, is implementing the project of Application of Capacitor Banks at Ladle Furnace of Converter Shop within the frames of its development strategy which will improve energy efficiency of the plant.
Prognosed annual saving from introduction of the capacitor banks will comprise over UAH 36 million with ROI of 1.1 years. The project investments will comprise over UAH 40 million.
Introduction of the automated capacitor bank made by Finnish Nokian Capacitors will contribute to reduction of melting time at ladle furnace by 10.8% and improving the unit productivity by 1% through stabilized consumption of reactive power. In its turn, reduced melting time will reduce natural gas and oxygen consumption by the production process. The capacitors of the system will improve quality of electric power and reduce energy losses.
Application of the capacitor banks will extend service life of the equipment and increase maintenance intervals. The project is planned to complete by the end of 2010. (SteelGuru)