HONEYWELL PARTNERS WITH ENEL NORTH AMERICA TO HELP STABILIZE POWER GRIDS THROUGH ENERGY MANAGEMENT AUTOMATION
Organizations can now help ensure grid stability and increase operational efficiency by automating demand response within their facilities
Mumbai, May 17, 2024 – Honeywell (Nasdaq: HON) today
announced its partnership with Enel North America (“Enel”) to enhance building
automation and demand response solutions for commercial and industrial
organizations by using automation to control and regulate energy loads to help
stabilize the power grid.
Together, Enel North America and
Honeywell are enabling organizations to seamlessly integrate demand response
programs into their facilities while simultaneously maximizing operational
efficiency. By leveraging Enel’s comprehensive energy portfolio customers can
now use automated demand response solutions to help prevent blackouts and grid
outages in their communities during peak usage periods.
“There is a growing need for
energy capacity that can respond on short notice to ensure grid stability,”
said Hamed Heyhat, President of Honeywell Smart Energy & Thermal Solutions
(SETS). “Through our partnership with Enel North America, we are addressing
these challenges directly by offering customers ready-now solutions that not
only simplify the integration process but also help deliver tangible benefits
in terms of efficiency, cost savings, and grid reliability."
This strategic collaboration
combines Enel's extensive expertise as the worldwide leader in demand response
with Honeywell's renowned automation systems in order to provide customers with
an offering that enhances energy efficiency, flexibility, and revenue
generation potential. It also supports Honeywell’s alignment of its portfolio
to three compelling megatrends: automation, future of aviation and energy
transition.
“The future of energy is
flexible. Our modern power grids need end users who are willing and able to
adjust their electricity usage in real time, reducing costs and earning revenue
in the process,” said Molly Jerrard, head of demand response at Enel North
America. “Enel’s FlexUp offering, powered by Honeywell’s industry-leading
automation technology, simplifies the process for organizations that are
looking to maximize their energy flexibility. It also enables us to leverage
these flexible loads to support grid reliability for homes, businesses, and
communities.”
As a result of this partnership, organizations across industries, ranging from commercial offices and retail stores to food manufacturing and farming facilities, can now automate their facility operations with no out-of-pocket costs, significantly enhancing their demand response earnings potential.
For more information on
Honeywell Smart Energy solutions, visit automation.honeywell.com/us/en/solutions/smart-energy.
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