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Operations management prizewinner cuts energy consumption by 50%
10 June 2010
A European Union (EU) prize has been given to a pair of German companies for a system that reduced energy consumption by 50 per cent.
Zenergy Power and Bultmann won the Process title at the 2010 European Business Awards for the Environment, for the development and application of a new technology "that makes an outstanding contribution to sustainable development".
By employing magnetic billet heating based on superconducting technology, a project run by the two firms cut energy consumption rates by 50 per cent by enhancing the efficiency of "one of the most power-intensive processes" in metals manufacturing and boosting productivity.
Announcing the winners in the 2010 contest, EU environment commissioner Janez Potocnik commented that organisations presented with awards have been "demonstrating clearly their innovative abilities and the economic sense of applying eco-technologies and processes".
Zenergy Power is a superconductor technology specialist and Bultmann is a producer of bar and tube mill equipment.
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