Minneapolis, MN, U.S.A. — (METERING.COM) — June 12, 2012 – A new global enterprise, Smart Grid Solutions, has been formed by Honeywell centralizing the company’s smart grid resources and expertise to respond to the growing needs of energy providers and users.
Part of Honeywell’s Building Solutions business unit, Smart Grid Solutions expects to bring innovative offerings to market faster, and deliver end-to-end programs that connect utilities and their customers to solve a variety of energy challenges, such as relieving stress and congestion on aging electrical infrastructure, leveraging intermittent renewable resources, and better managing the increased demand for energy.
The creation of Smart Grid Solutions is a strategic reflection of the anticipated rise in worldwide energy consumption and the corresponding need for demand side management services, says the company in a statement.
“The scope and applicability of our work is expanding,” said Jeremy Eaton, vice president and general manager of Honeywell Smart Grid Solutions. “Countries across the world are making significant investments to build a smarter, more robust grid. And we have the technology, services and relationships to help those investments pay dividends.”
Honeywell’s decades-long experience designing and implementing demand response and energy efficiency programs for utilities will serve as the foundation for Smart Grid Solutions. The team will draw from these capabilities as it works to address global energy concerns.
Among projects under way, Honeywell is currently working with the Tianjin Economic-Technological Development Area (TEDA) to implement China’s first smart grid demand response project. As part of the project, Honeywell is installing its automated demand response (Auto DR) technology at select buildings within Tianjin, including government, commercial and industrial facilities. This will allow TEDA and network operator State Grid Corp. of China to automatically adjust energy use to reduce demand on the electrical grid, helping avoid potential brownouts and blackouts. Similar projects are underway in Australia, India, U.K. and U.S.
Honeywell has also assisted utilities in gaining combined control of more than 1 GW of peak electrical use through its residential demand response efforts, and the UtilityPRO is a popular thermostat for utility-sponsored demand response programs, having been selected by more than 20 power providers and installed in nearly 620,000 homes since 2008.