Resource owners can also “ revenue stack ” or access additional revenue streams from resources such as wholesale energy markets or demand response programs . System operators can use the power aggregated by VPPs to provide ancillary services as well .
“ This new capability allows resource owners to maximize every renewable energy resource they have and ultimately make the most of their assets ,” said Ujjwal Kumar , president & CEO , Honeywell Process Solutions . “ As the energy landscape changes , so must our approach to delivering meaningful solutions to our customers . Honeywell ’ s VPP offering is one of the many ways we are driving change throughout the power sector and helping our customers meet their sustainability goals through a robust portfolio of ready-now solutions .”
About Honeywell Honeywell Process Solutions ( process . honeywell . com ) is a pioneer in automation control , instrumentation and services for the oil and gas ; refining ; energy ; pulp and paper ; industrial power generation ; chemicals and petrochemicals ; biofuels ; life sciences ; and metals , minerals and mining industries . It is also a leader in providing software solutions and instrumentation that help manufacturers find value and competitive advantage in through Honeywell Connected Plant , Honeywell ’ s Industrial Internet of Things ( IIoT ) solution . Process Solutions is part of Honeywell ’ s Performance Materials and Technologies strategic business group , which also includes Honeywell UOP ( uop . honeywell . com ), a leading international supplier and licensor of process technology , catalysts , adsorbents , equipment , and consulting services to the petroleum refining , petrochemical , and gas processing industries .
Honeywell is a trusted provider of automation and control systems , successfully delivering large turnkey automation projects for decades and Honeywell ’ s VPP offering is being deployed in a similar manner . From the physical storage assets to the automation software being utilized , customers can benefit from Honeywell performance-based guarantees .
For more information on Experion ® Energy Control System , please visit this website .
Honeywell ( www . honeywell . com ) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services ; control technologies for buildings and industry ; and performance materials globally . Our technologies help aircraft , buildings , manufacturing plants , supply chains , and workers become more connected to make our world smarter , safer , and more sustainable . For more news and information on Honeywell , please visit www . honeywell . com / newsroom •
20 TUS Magazine • May 2022