October 16, 2021
You have heard of power factor correction. This is often done with capacitor banks to offset the inductive character of industrial power consumption.
However, you can also use synchronous motors.
Here is an article to introduce yourself to the concept:
They help with grid stability as well.
Here is an article on how Siemens is applying them in the era of increasing renewable energy:
Siemens - Synchronous Condensers
They are more complex than induction motors, requiring excitation control. But applied properly, they should pay for themselves.
John "Leading" Livingston