Renewable Energy

Renewable Energy

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There is a global expectation for renewable energy sources to reach grid parity. More and more countries are removing the subsidies provided to alternative energy sources. This calls for reduction in Levelized Cost of Electricity (LCOE) of renewable energy plants. Overall, only 10% of the industry is automated, however, by 2022 it is estimated to be 80%.  60% of companies require additional work to transition from manual to digital processes.  72% of energy employers can’t find talent, creating a gap in expertise.

 

Honeywell Process Solutions provides an outcome-based lifecycle management program, offering contractual guarantees on mutually agreed KPIs.  Our technology allows energy producers to reduce their LCOE, microgrid owners to optimize their operations and C&I clients to achieve their corporate sustainability goals.

 

What is it?

 

These Renewable Energy solutions are comprehensive, outcome-based lifecycle management solutions that include two major facets:

 

  • Comprehensive Outcome Based Solutions for Distributed Asset
  • Technology and LEAP™ methodology for project execution

 

It is tailored to the needs of solar photovoltaic (PV), energy storage, wind and other renewable energy industries.

 

 

How Does it Work?

 

Honeywell has proven expertise in turning data into actionable insights, and delivering advanced technology and services with a complete edge-to-cloud strategy to help renewable energy customers more easily reach their levelized cost of electricity (LCOE) and sustainability goals.

 

 

Distributed Assets:

Honeywell delivers contractual guarantees on performance and competency KPIs supported by reliable data strategy and infrastructure for our clients with distributed assets.

We focus on outcomes such as improved asset utilization, reduced O&M cost, increased worker efficiency, reduced safety & compliance incidents by offering:

  • Remote Monitoring and Control
  • Data Analytics
  • Mobility Solutions
  • Competency & Change Management

 

Projects:

For renewable energy projects, both behind the meter and in front of the meter, we can offer turnkey solutions. We provide the technology that goes into the project to enable asset level outcomes:

  • Turnkey EPC for Battery Energy Storage System (BESS) and Solar PV
  • For larger Solar PV, BESS, Wind and other renewable energy projects (geothermal, biomass, hydro, etc.), we work closely with asset owners and strategic EPC partners to provide system integration services, edge devices, IT infrastructure and software solutions wrapped with outcome based lifecycle management services

 

Operational and economic benefits are realized through reduced downtime, improved asset utilization and increased worker efficiency, as well as reduced safety and compliance incidents. Users can establish a cyber- and physically-secure infrastructure in compliance with NERC-CIP standards.

 

 

What Problems Does it Solve?

 

Honeywell’s Renewable Energy solutions help the renewable energy sector produce energy more efficiently, reliably and economically, while reducing the environmental impact and improving safety and regulatory compliance.

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 Honeywell Renewable Energy Services

 
    • Assurance 360 Services -- Assurance 360 Services are a multi-year service partnership to maintain, support and optimize the performance of Honeywell control systems.
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Brochure Renewable Energy and Distributed AssetsHARNESS THE FULL POWER OF RENEWABLE ENERGY & DISTRIBUTED ASSETS Drive Efficiency, Boost Reliability, and Improve Performance Across Your Operations with Honeywell’s Outcome-based Lifecycle ManagementBrochure17 Jun 2019
Battery Energy Storage BrochureHONEYWELL BATTERY ENERGY STORAGE SYSTEMS–REALIZE NEW ENERGY MANAGEMENT AND REVENUE OPPORTUNITIESBrochure15 Apr 2019
Honeywell Connected Enterprise IG FinalHoneywell Connected Enterprise IG FinalBrochure2 Apr 2019
 
 
 
 
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