State of the art
AC Variable Frequency Drives (VFD) are commonplace
today, creating the need for reliable, proven Dynamic Braking
Resistors that can be delivered quickly, completely assembled, and ready
for convenient installation at the job-site. Dynamic Braking
Resistors are used with AC VFD's to produce a braking torque in the motor
during overhauling conditions. The dynamic braking resistor is
connected across the DC bus and will see voltages as high as 800 volts.
The drive manufacturer normally determines the power rating
(watts) needed to prevent overheating during braking duty. The peak
braking current is determined by the specified resistance value. Each
drive manufacturer specifies a resistance range with a minimum to
prevent overcurrent and damage to the drive and a maximum value to give
adequate lower dissipation capability.
A three-phase variable frequency drive (VFD) consists of three
basic components - rectifier, DC line, and inverter - and a control
system to manage these three components as illustrated. The rectifier
converts the three-phase 60Hz AC input to a DC signal.
Depending on the system, an inductor, a capacitor, or
combination of these components smoothes the DC signal (reduces voltage ripple)
in the DC link part of the VFD. The inverter circuit converts the DC
signal into a variable frequency AC voltage to control the speed of the
induction motor.
During braking, the VFD ramps the frequency to zero. The
rotational energy of the motor and load are driven back through the
inverter to the DC bus.
To add on to what Mizuti gave you, a braking resistor is used when you need to ramp down to a stop very fast. Without a resistor, if you ramp down too fast you will fault the drive on bus over-voltage. If you set the drive decel time a bit longer it won't fault but you will definitely reduce the life of the VFD, especially little cheapies like A/B flex drives. They pop. Size the resistor correctly for your system or get help with it, otherwise it will glow brightly several times before burning in half.
If you need better, more accurate fast stopping than this then you need to be using a servo drive.
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Speed doesn't kill. Sudden stops, brick walls, and old ladies in Buicks do.