Steelmakers sign up for power systems
ABB has received six orders totalling $15 million to install flexible AC transmission systems (FACTS) at steel plants in China, Oman, Spain and Turkey.
ABB has received six orders totalling $15 million to install flexible AC transmission systems (FACTS) at steel plants in China, Oman, Spain and Turkey.
"ABB's technology is in demand by steelmakers to help them improve productivity and meet a soaring worldwide appetite for steel", says Per Haugland, Head of ABB's Power Technology Grid Systems business area.
Baoshan Iron and Steel Co, the largest steel mill in China and number six in the world, ordered a static VAr compensator (SVC) rated at zero to 180MVAr to mitigate electric disturbances emanating from the steel making process that are harmful to power quality.
Another contract in China was awarded through a major Japanese contractor.
A contract for an SVC from a steel mill in Oman represents a breakthrough for ABB in this business in the Middle East.
The remaining three orders were from Spain and Turkey.
All contracts are based on ABB's SVC technology, one of a number of technologies known under the power industry term FACTS that improve the security, capacity and flexibility of power transmission and distribution systems, as well as productivity and power quality in industry.
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