The actual purpose for this design was to reduce the power draw of solid state refrigeration devices. These thermo-electric devices draw a huge amount of power until they get to their stabilized operating parameters. The power draw for the devices I was using would pull about 16 amperes per device on start up. One thermo-electric would not cause any significant amount of heat to be removed. They will be referred to as TEC from here on.
First we need to know what these devices do, they are true refrigeration devices.
Refrigeration is more than just making cool, it is the process in the way it makes cool.
Refrigeration means that coolness is made transporting heat from one location to another, swamp coolers are not refrigeration. They are using the evaporation of water to cause a drop in temperature. It is not transporting the heat so it is not a refrigeration system.
https://en.wikipedia.org/wiki/Refrigeration
When power is applied, one side of a TEC gets hot and the other get cool. Without a heatsink the device gets too hot and quits functioning all together. But when connected to a massive heatsink the cold side will quickly be covered in ice.
Now for industrial applications you need more capacity is needed than just one TEC can provide. In the time frame when we were making and selling these Switch mode power supplies did not have the power capabilities to operate the completed units.
Our first design was for a small cabinet containing a standard Windows based PC. The environment was hostile to electronics with high humidity and Corrosive Gasses.
A small four TEC has worked in this location just fine for the last 24 years needing only one fan replacement and one power supply.
The power requirements for a small 4 TEC unit was 64 amps and large linear power supplies of that power range were costing about $350.00 each and were unregulated.
Now for the mystery circuit. What it did was generate phases from DC input power.
One FET was on while the other FET off. Get the picture? The portion of the drawing has the description "Power Saver" is it's true design function. 50% power reduction.
There was a temperature control circuit that monitored the cold side temperature and would shut the power off when it was sated. The 40 KHz signal was generated by a simple 555 timer setup as a oscillator.
With the thermal mass involved the switching did not impact the performance in any way except when power up for the first time. The speed in which temperature stabilization was slightly longer, but when you can save about $150.00 per power supply it is obvious benefit is immediate.
We were able to run 8 TEC's on a power supply that use to support only 4 TEC's.
That gave us about 2400 BTU's with the same power supply.
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