Honeywell & Stor Generation Launch First-of-Its-Kind Smart Grid Program
February 03, 2014
Honeywell and power management company Stor Generation Ltd. have launched a new, first-of-its-kind smart grid program to help stabilize the U.K.’s electrical infrastructure, and meet country-wide carbon reduction and renewable energy goals.
The program will use Honeywell technology and services to temporarily trim energy use in commercial and industrial facilities, aggregating the excess power to alleviate stress on the grid. Stor Generation will pay building owners to lower consumption when the call for electricity starts to outpace what power plants and renewable resources are able to produce. Honeywell will work with these organizations to identify and automate short-term changes to heating and cooling equipment, lighting and other building systems — a concept known as automated demand response (ADR).
”The technology required to avoid a megawatt of consumption costs a fraction of that needed to pump out an additional megawatt,” said Jeremy Eaton, vice president of Honeywell Smart Grid Solutions. “From a cost-benefit standpoint, ADR is the most prudent option for reducing energy use and is the most clean, sustainable path to energy reliability.”
Read the full press release.