Exhibitor Spotlight: Honeywell
Monday, 29 November 2021
Honeywell was founded over 125 years ago and has had some major roles in some of the world’s most influential technological moments, including being the pioneer of the thermostat to the moon landing. Why do you think Honeywell has remained in the forefront of the industry?
Honeywell invents and commercializes technologies that address some of the world’s most critical challenges around energy, safety, security, air travel, productivity and global urbanization. As a diversified technology and manufacturing company, we are uniquely positioned to blend physical products with software to serve customers worldwide with aerospace products and services, energy products and solutions for businesses, specialty chemicals, electronic and advanced materials, process technology for refining and petrochemicals, and productivity, sensing, safety and security technologies for buildings and industries. Our products and solutions enable a safer, more comfortable and more productive world, enhancing the quality of life of people around the globe.
More specifically, Honeywell are focussed on helping the industry around the world operate more sustainably, how are you doing this?
Honeywell has a long tradition in innovation. And our offering around sustainability is no exception. From technology agnostic battery solutions such as Li-ion and flow chemistries, producing renewable jet fuel, carbon capture solutions and a many more as detailed below:
One of the ways you help your customers is by defining the potential of Energy Storage Systems/Microgrids to meet their goals, what is the process of this?
Understanding the customer needs is critical in our process. Being a global company we see customers in different regions in the world having different drivers. From high energy prices to poor reliability as an example. In conjunction with understanding the customers needs and conducting a feasibility study; we are able to determine how Microgrids/Battery Storage can support customers ESG goals.
Customer energy needs that we see in the C&I market are:
- Reduced electricity costs
- Improved business continuity during grid disruptions or outages
- Reduced back-up and emissions from captive power plants
Increased procurement of renewable energy and utilization of self-generation
Guidehouse INC leader board included Honeywell, where you scored 84.8! What has Honeywell done (and continues to do) to achieve such a high score?
Honeywell offers full end to end battery storage solutions. This covers the complete technology stack from the cells all the way up to a sophisticated Energy Management Platform called Experion. This is further enhanced via our long term O&M contracts which includes performance guarantees on key KPIs the customer cares about. This gives investors confidence that the projects are bankable.
Honeywell has the unique capability to operate and maintain battery energy storage systems from a central remote operations center (ROC). The facility provides expertise, skills and technology resources that may not be available on site. This remote collaboration, optimization and operations solution helps to manage critical assets, regardless of their physical location.
Honeywell has pledged to be carbon neutral across your facilities and operations by 2035, what measures are in place to achieve this goal?
In April of 2021, we took the next step toward committing to helping the environment.
We pledge to be carbon neutral in our facilities and operations by 2035, and to continue to investigate and evaluate carbon emissions up and down our supply chain and to quantify them and to address them where possible.
“Honeywell has a long history of improving our own environmental and sustainability profile while providing innovative products and services that improve our customers’ profiles as well,” said Honeywell chairman and CEO Darius Adamczyk. “We will continue to invest in our plants and in new technologies that will reduce our carbon footprint and contribute significantly to global efforts to mitigate climate change.”
Here’s a look at that promise.
Defining Carbon Neutral
Carbon dioxide (CO2) is the most well- known of the greenhouse gases, which trap heat in our atmosphere. Other greenhouse gases can be measured using CO2 global warming potential, or “GWP,” as a unit (called “CO2 equivalent” or “CO2e”).
That has a negative impact on the environment.
To be carbon neutral means that we will eliminate CO2e emissions from our facilities and operations by 2035.
How We’ll Get There
We’ve already made major steps toward carbon neutrality. Since 2004, we have reduced our greenhouse gas intensity by more than 90%. We’ve done that by integrating sustainability with our core operating system, generating thousands of efficiency projects throughout our operations.
During the next 14 years, we’ll tackle the rest.
We will complete even more energy savings projects, converting to renewable energy sources, completing capital improvement projects in our sites, electrifying our fleet of company vehicles and using credible carbon offsets.
“Our full pledge is to both go carbon neutral for our operations and facilities, but also to continue to investigate and evaluate carbon emissions up and down our supply chain and to quantify them and to address them where possible,” said Honeywell Chief Sustainability Officer Evan van Hook.
Beyond Our Own Footprint
As carbon neutrality becomes prevalent around the world, we’re prepared to help other companies and our customers also achieve carbon neutrality.
We can do that through our products and technologies that help the environment.
For example, our Solstice line of low global warming potential refrigerants, propellants and solvents. Solstice has avoided emission of over 200 million metric tons of carbon dioxide equivalent from being released in the atmosphere according to our estimates. This is equivalent to removing more than 42 million cars from the road for one year.
Honeywell are exhibiting at The Distributed Energy Show. Visit them on stand 1539.