Honeywell Receives $11.4M from DOE for Smart Grid Development

Nov 18 2009 | 11:44am ET

Honeywell has been awarded an $11.4 million grant from the U.S. Department of Energy (DOE) as part of the department’s smart-grid funding package under the American Recover and Reinvestment Act.

One of only four non-utility companies to receive funding, Honeywell will use the grant to support a critical peak pricing response program that will support nearly 700 customers as SCE and other California utilities move to critical peak pricing -- offering rate discounts during the summer months to customers who can reduce or shift power during periods of peak electrical consumption.

Honeywell will install technology that allows customers to reduce energy use at peak periods, automatically turning off banks of lights, cycling equipment on and off or temporarily increasing temperature set points.

The system is based on open automated demand response (OpenADR) standards and powered by Tridium’s NiagaraAX Framework  and JACE controller. It will receive the utility’s signal, communicate with the facility’s building automation system and make changes based on parameters the customer sets. In addition to installing the technology, Honeywell will provide customer outreach, education and engineering services, as well as ongoing support.

Honeywell also won ARRA grants for the research and development of technology that ties into the smart grid. For example, the company is testing solutions that will significantly reduce down time and failures for the growing fleet of wind turbines in the United States. Researchers are also developing a controls infrastructure for optimizing renewable energy micro-grids.


In Depth

Q&A: Star Mountain's Brett Hickey On Investing In 'The Growth Engine Of America'

Sep 22 2017 | 5:06pm ET

Lower middle-market companies form the economic fabric of the nation, but they can...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

 

From the current issue of

With NFL season on the horizon, it’s time to take a look at our Fantasy Football value picks. Last year, we nailed it on Drew Brees, Jordan Howard, Frank Gore and Dwayne Allen. We missed pretty badly on Duke Johnson, Demaryius Thomas, Mohammed Sanu and Eli Manning.