A Guide to the Total Cost of Ownership - Electric Motors
The purpose of this guide is to encourage focus on the total cost of ownership of electric motors to reduce costs and improve the environmental impact.
Analysing the Total Cost of Ownership (TCO) of an electric motor looks not only atthe initial capital cost but also the lifetime cost of running it. So, as well as the purchase and installation costs, this approach considers the energy consumed along with ongoing maintenance and repair costs.
Thomas Marks, Director General at the Association of Electrical and Mechanical Trades, explains why it is essential that the option to repair electromechanical equipment is considered when there is a failure, and why it is vital that manufacturers are no longer able to remove repair as an option before the choice can be made.
The updated IEC 60034-30-1:2025 standard has introduced IE5 as a defined motor efficiency classification, giving manufacturers, engineers and end-users a clearer benchmark for specifying high-efficiency motors, as WEG explains.
Prashanth SN, Global Product Manager for IEC Low Voltage Motors at ABB, explains that the days of treating a motor specification as a routine procurement exercise are over. The right choice today carries long-term consequences for operating costs, sustainability credentials, and site safety.
This Environmental Policy supports the Sustainability pillar of the AEMT Codes of Practice and helps Service Facilities progress from Working Towards ➜ Compliant/Verified status.
ELECTRIC MOTORS AND LARGE drive systems specialist Innomotics has received an order from the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) in Golden, Colorado, to provide a rectifier power supply system for an electrolyser testing facility for green hydrogen electrolysers.
RESEARCH FROM ABB, IN collaboration with Sapio Research, has surveyed nearly 2,400 global businesses to gain insight into the state of the market around energy efficiency, sustainability, digitalisation, and the key role played by electric motors.