Customer story

How Ndustrial helped Genan save hundreds of thousands of dollars

I've saved hundreds of thousands, making it possible for me to produce in a very volatile energy market

Michael Agerkilde
Genan COO

Payback period

Less than 4 months

Overall savings

Hundreds of thousands of dollars in the first few months

Single-day savings

$20,000+ on July 9, 2022 alone by avoiding $4,000/MWh spike

Additional benefits

Reduced carbon emissions by avoiding peak grid periods and improved grid stability
About the customer

Genan is the world's largest mechanical tire recycler, operating an energy-intensive facility in Houston, Texas that converts spent tires into valuable feedstocks.

Challenge

Genan faced extreme electricity price volatility in the Texas market, where rates change every 15 minutes and can spike up to 300x normal prices during grid stress events. During the 2021 Texas freeze, they were hit with hundreds of thousands in unexpected energy costs due to late curtailment response, narrowly missing $3 million in avoidable charges.

Solution

Ndustrial deployed an automated load control system that receives real-time rate signals from the grid operator and automatically curtails operations based on preset price thresholds. The IoT-enabled solution eliminated reliance on manual operator decisions, ensuring Genan responds instantly to price spikes by shutting down equipment at strategic price points ($120-$150/MWh for certain processes, $350/MWh for full facility shutdown).