Inductotherm Corp. and Powerit Solutions announced an agreement that underscores the companies’ dedication to improving the operations and energy efficiency of their customers in the metals industry. The two businesses will work closely to take Powerit’s Spara system, an advanced energy-management technology, to the market. Inductotherm will make Spara available to its customers, and the two companies will work together to implement the best energy-management strategies and integrate the technology.
Powerit’s Spara technology, an integrated hardware and software product, plugs businesses into the smart grid so that facilities can use energy more efficiently and take advantage of utility incentive programs and rate structures. For foundries, the most widely used Spara-enabled strategy is demand control, which involves deciphering how and where costly energy spikes occur, then making precisely timed load reductions to avoid those spikes to take advantage of lower-rate periods.
Inductotherm, Powerit Solutions Integrating Technologies
May 10, 2011