The problem with slurry applications is that once you turn off the drive, the slurry keeps going and pulls the pump with it, creating that potential regen situation. The same thing happens on oil well screw pumps. Turning off the output of the VFD should be OK even though, because without excitation the motor field will collapse in a very short time, maybe a second or 2 at the most. The caveat to that is if there are capacitors on the load side. For example if, for some reason, someone has connected surge capacitors to that motor. It used to be a very common practice on large MV motors, but you must NEVER have capacitors on the down stream side of a VFD unless they are part of a very specifically engineered filter system. Then of course there is the possibility that there ARE filter caps on the output side, which can unintentionally allow regen in your application. I once heard of an installation where capacitance on long output cables created enough energy to damage components as well, so that's something else to investigate if none of the other issues apply.
But leaving the VFD output on to decel (ramp down) and then providing someplace for the regen energy to go should solve the problem regardless.
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