ABB's cpmPlus Energy Manager wins 'Engineers' Choice' Award
The readers of US magazine Control Engineering have selected ABB's cpmPlus Energy Manager software to receive the magazine's 2010 Engineers' Choice award for the best new product in the 'Dashboard Software – Energy' category.
The winning product, cpmPlus Energy Manager, helps customers in all industries and building sector monitor, manage and optimise their energy usage for maximum efficiency and cost savings. It addresses the business side of energy management by producing accurate energy demand plans and taking advantage of them in energy supply planning and optimisation. Being able to accurately plan the energy requirements a day-ahead provides significant financial advantages, especially in the open electricity market, and ultimately lowers energy costs.
Energy Manager also includes reporting and analysis tools that evaluate the energy use patterns of all processes and pinpoint areas for improvement.
A key element in any company's energy management programme, Energy Manager offers dramatic cost savings for customers in all industries, especially for processes that are particularly energy-intensive, or if multiple energy sources are available. Opportunities for cost reduction are greatest when both electricity consumption and prices vary over time, which is common in the process industries and in the open electricity market environment. Energy Manager clearly indicates the cost of electricity and provides support to schedule electricity consumption for off-peak hours. It coordinates electricity purchases and sales with its own generation capacity, then schedules this generation during on-peak hours, when purchased electricity is most expensive, to provide additional cost savings.