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FOR IMMEDIATE RELEASE: August 30, 2004
SCHUMER: NEWLY DEVELOPED CAPITAL REGION PROJECT COULD BE
KEY TO PREVENTING FUTURE BLACKOUTS
Schumer, SuperPower unveil new superconductor technology –
the Matrix Fault Current Limiter – and reveal new test results
that show the device could protect the electricity grid against
a sudden power surge
Last year, Schumer helped to secure $6 million in federal funding
for development of the new superconductor valve to strengthen New
York’s electricity grid
Schumer: This success will further establish the Capital Region
as a center for new energy technology
US Senator Charles E. Schumer today said that local company SuperPower’s
new superconductor technology could help prevent future blackouts
Schumer, who helped secure $6 million for the project, also helped
unveil the device today and released new test results that show
that a prototype of the technology has been extremely successful
in trials conducted over the last year.
"Not only does this project further establish the Capital Region
as a center for new energy technology, but the new trial results
show that this has a real chance of helping provide more reliable,
better-quality power to citizens everywhere," Schumer said.
"Eliminating power interruptions is important for the ordinary
citizen, and crucial for the digital economy in which we live. And
the added bonus is that this project could give the local economy
a real shot in the arm."
Because of increasing demand, there is roughly 75% more electricity
coursing through the power grid today than there was 25 years ago.
This puts a severe strain on aging infrastructure along the grid,
such as circuit breakers that were designed at that time. A sudden
power surge today can carry a lot more charge than when those breakers
were designed, and therefore can overwhelm them and cause permanent
damage. The average circuit breaker costs roughly $100,000 each
and the average substation houses twenty-five breakers, meaning
these increasingly routine surges can yield expensive damage.
SuperPower's Matrix Fault Current Limiter (MFCL) protects the electricity
grid against damage from a sudden power surge by acting as a buffer
or “power valve” before the surge reaches the circuit
breaker to avoid large scale loss of power or damage to equipment.
The development and eventual implementation of the MFCL is a key
to providing reliable, quality power in the immediate future. There
is 75% more power on the grid than 25 years ago, but it continues
to grow at 2-3% each year. As a result, power surges could continue
to wreak havoc on substations and do so more frequently. This could
lead to more power interruptions, which cause obvious health, safety
and economic threats.
Schumer, who helped deliver $6 million to the Capital Region to
develop the technology and build the prototype, said today that
the eventual implementation of the MFCL will be significant because
it will be one of the first commercialized uses of superconductive
technology. SuperPower is a leader in the development of this technology
that holds the potential of revolutionizing power transmission by
increasing capacity by 3 to 5 times and by cutting transmission
losses in half, over existing technology. SuperPower is a member
of the New Energy New York consortium Schumer created to promote
the Capital Region's burgeoning new energy industry.
Schumer and SuperPower announced today that successful proof-of-concept
tests have been conducted on the Matrix Fault Current Limiter (MFCL)
development program, meaning that the prototype has responded favorably
to trials assessing its effectiveness over the last year. “We
are pleased to be achieving our targeted milestones on this challenging
development program,” said Glenn H. Epstein, chairman and
chief executive officer of Intermagnetics. “The proof-of-concept
tests were performed on the first of a series of MFCL prototypes.
This first prototype proved the concept of the design and validated
our expectations on the almost instantaneous response of the MFCL
to reduce significant levels of short circuit current. This completes
the first major milestone for this program, and provides us with
the basis to proceed with up-scaling the design to transmission
level operating voltages.
Philip J. Pellegrino, President of SuperPower, further elaborated
on the proof-of-concept tests. “The objective for this first
prototype was to demonstrate that the MFCL reacts rapidly to a power
surge, and starts to limit the increase in short circuit current
within about 4 milliseconds. This almost immediate limitation is
of interest to electric utilities to minimize electrical and mechanical
stress on system components, such as bus work, connectors, cables
and transformers. There are many causes of electrical short circuits
on the power grid such as lightning strikes, animal interference,
tree limbs, etc. It was ultimately, tree limbs contacting power
lines that triggered the 2003 blackout.”
Schumer was joined by Glenn H. Epstein, Chairman and CEO, Intermagnetics
General Corp.; Phillip Pellegrino, President of SuperPower; NYS
Assemblyman Paul Tonko.
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