ABB Bags $20 Million Power Order From Oncor
ABB Ltd. (ABB), power and automation technology group, has bagged a $20 million order from Oncor to provide a Static VAr Compensator (SVC) unit to back the transmission grid in north Texas, media reported. The order was booked in the initial quarter of 2009 and the turnkey project is slated to finish by the end of 2010. The SVC unit will be erected at the Renner substation located in the northern part of the state. ABB has bagged three similar orders from Oncor in the past.
SVC devices offer reactive power compensation within high-voltage electricity networks, which improves stability by combating fluctuations in the current and voltage of an electric grid, and by enabling extra power to pass through the network.
Oncor senior vice president Jim Greer said The robust design and flexibility of Static VAr Compensators will allow Oncor to continue to reliably operate the transmission grid in North Texas with less dependence on local generation. ABB worked hard to develop an electrical power solution that will keep pace with the North Texas area's ever increasing power demands, while enabling the improvement of the local environment.”
Related Insight
Suppliers Directory
Power Generation Biofuels & Biomass Fossil Fuel Geothermal Hydro Nuclear Solar Wind
Power Distribution Utilities Network Utilities Retail
Mining & Commodities Carbon Coal Minerals & Materials Nuclear Fuels
Intelligence
“Competing For Share Of Global Upstream Oil & Gas Industry Spend In 2010-2011” is a new report published by ICD Research that analyzes how industry suppliers’ media spend, marketing and sales strategies & practices and business planning will be shaped in 2010 to 2011. In an uncertain economic climate this report gives you access to the media channel spending outlooks, media budgets, marketing agency selection criteria, business challenges and sales tactics of leading suppliers to the upstream oil and gas industry. The report also identifies oil and gas exploration and production companies and suppliers future growth, M&A and investment expectations. The research is based on an extensive survey of senior and C-level industry executives from our market leading panels. Reports Buy online from $2000
Comments may be moderated for spam, obscenities or defamation.