Honeywell and Pearlstone Energy have teamed up to provide a smart grid programme for commercial and industrial facilities in the UK. The programme aims to reduce energy bills while helping improve country-wide power reliability and meet carbon reduction commitments.Pearlstone Energy will pay participants to reduce their energy consumption for short amounts of time during periods when electricity demands exceed availability. Pearlstone Energy will partner with Honeywell to identify short-term energy reduction measures in buildings, such as adjusting heating and cooling equipment, and Honeywell will provide the technology to automate these reductions, free of charge to the building owners. Prior to a building’s participation, Honeywell will conduct site audits to assist in the design of energy reduction measures. Additionally, the company will provide testing and training, and will connect each facility to the automated system.
Honeywell has partnered with Pearlstone Energy to provide a smart grid that will pay industrial facilities in the UK to reduce their energy consumption during periods where electricity demands exceed availability.Honeywell will provide the technology needed to enable these reductions, free of charge.The aim is to reduce UK energy bills, improve the UK’s power reliability and help fulfil carbon reduction commitments.
City leaders today are assuming a more proactive role in creating energy policies by developing comprehensive energy efficiency and carbon reduction goals to mitigate and adapt to climate change. This has resulted in ambitious energy projects supported by innovations in smart grid technology, demand management, alternative and renewable generation, and distributed energy resources (DER). According to a new report from Navigant Research, global smart energy for smart cities technology revenues are expected to grow from US$7.3 billion in 2015 to US$20.9 billion in 2024.
The seventh annual Climate Week NYC has kicked off, and it’s invigorating to reflect on the progress to date since last September when over 400,000 activists demanded bold climate action at the People’s Climate March. During the last year, Environmental Defense Fund (EDF) has continued to observe and nourish the growing appetite among America’s business community to move together on carbon reduction. This movement should not be understated, especially as New York regulators continue to move forward with the “Reforming the Energy Vision” (REV) proceeding.
The United States needs to spend $2.1 trillion over the next 30 years to modernize the electricity grid and prepare for more renewable energy, according to a report from the International Energy Agency.
While the country’s “energy policy landscape has fundamentally changed” since 2008, it still faces some serious barriers to reaching its carbon reduction and energy independence goals, according to the agency.
The Danish government has stepped up its green energy and carbon reduction targets for 2020, hailing the plan as the “broadest, greenest, and most long-term energy agreement” it has ever reached.
Danish minister for climate, energy and building, Martin Lidegaard, confirmed on Friday that parliament had agreed a new set of goals designed to wean the country off oil and gas.
Firms using smart meters should save money on their business energy costs, according to Siemens Metering Services.
From the beginning of this month, firms have had to monitor their business energy usage as part of the government’s Carbon Reduction Commitment (CRC) scheme, which is aimed at reducing the business energy use and carbon footprint of UK businesses.
Is the smart grid nearly as smart as the hype around it says? It depends on whether you expect the technology to ax energy consumption and carbon emissions … or whether you think it’ll act more like a scalpel.