<?xml version="1.0" encoding="UTF-8"?><ns2:project xmlns:ns1="http://gtr.rcuk.ac.uk/gtr/api" xmlns:ns2="http://gtr.rcuk.ac.uk/gtr/api/project" xmlns:ns3="http://gtr.rcuk.ac.uk/gtr/api/fund" xmlns:ns4="http://gtr.rcuk.ac.uk/gtr/api/person" xmlns:ns5="http://gtr.rcuk.ac.uk/gtr/api/project/outcome" xmlns:ns6="http://gtr.rcuk.ac.uk/gtr/api/organisation" ns1:created="2026-06-03T15:52:43Z" ns1:href="http://gtr.ukri.org/gtr/api/projects/33DB41E4-D914-4598-9821-FE723348F8D4" ns1:id="33DB41E4-D914-4598-9821-FE723348F8D4"><ns1:links><ns1:link ns1:href="http://gtr.ukri.org/gtr/api/organisations/46C05D02-61BA-4AD0-A253-258BF37E751F" ns1:rel="LEAD_ORG"/><ns1:link ns1:href="http://gtr.ukri.org/gtr/api/organisations/46C05D02-61BA-4AD0-A253-258BF37E751F" ns1:rel="PARTICIPANT_ORG"/><ns1:link ns1:end="2015-05-30T23:00:00Z" ns1:href="http://gtr.ukri.org/gtr/api/funds/CD6024BD-CA36-45B3-89AA-2E064792D075" ns1:rel="FUND" ns1:start="2014-12-01T00:00:00Z"/></ns1:links><ns2:identifiers><ns2:identifier ns2:type="RCUK">700456</ns2:identifier></ns2:identifiers><ns2:title>Proof of market for an innovation in power electronics with energy-saving potential of 30–40% in many well-established industries (cement, mining, escalators etc.)</ns2:title><ns2:status>Closed</ns2:status><ns2:grantCategory>GRD Proof of Market</ns2:grantCategory><ns2:leadFunder>Innovate UK</ns2:leadFunder><ns2:abstractText>Power Drive Efficiency Ltd. (www.powerdriveefficiency.com) is currently developing a
novel motor controller. It is based on a patented technology that employs sophisticated
algorithms to monitor motor performance and dynamically adjust the driving parameters,
resulting in an increase of motor efficiency of up to 40%. The energy-saving controller is used
with an existing motor, and can be installed as either an upgrade (replacing the old controller),
or in parallel (allowing the operator to switch between the two). It can be used either in an
altogether new installation (i.e. new factory design), or as a retrofit into existing factory
application. Key benefits of using such a controller are in energy savings, prolonged life of
the motor, and improved asset usage information for plant managers. Given that
approximately half of all power generated in the UK is used to drive electric motors, the
energy savings benefits and environmental impact of adoption of this technology in selected
market segments is potentially significant.</ns2:abstractText></ns2:project>