Honeywell has unveiled Honeywell Forge Performance+ for Utilities, a groundbreaking platform designed to enhance utility operations and optimise the performance of existing utility grid assets and IT investments. This innovation aligns Honeywell’s portfolio with the automation and energy transition megatrends.

Built on the Honeywell Forge platform, the new solution integrates artificial intelligence, machine learning, and digital twin capabilities. These technologies enable utilities to monitor assets, identify root causes of issues, and employ predictive analytics for proactive grid asset management. Additionally, Forge Performance+ for Utilities facilitates automation processes such as demand response and distributed energy resource management, thereby increasing grid reliability and stability.

“Honeywell Forge Performance+ for Utilities is designed to enhance existing systems, providing greater value to utility companies’ investments and supporting a seamless combination of capabilities from various tools into a single, reliable platform,” stated Hamed Heyhat, president of Honeywell Smart Energy and Thermal Solutions. “Through the power of digitalisation, utilities will now have access to more quality data to better serve their customers and assets.”

Traditional utility distribution grids, designed over a century ago, supported predictable top-down generation and distribution of energy, water, or gas. This design has led to a lack of data or siloed data. Today, utilities face challenges such as interpreting massive amounts of advanced metering infrastructure data and grid asset data, as well as managing the increasing adoption of less predictable distributed energy resources. These renewable energy sources include solar panels, wind turbines, energy storage systems, and electric vehicles.

Honeywell Forge Performance+ for Utilities provides near real-time insights to improve grid operation and address the variability associated with new energy sources. The solution offers a “bottom-up” forecast of energy demand, available distributed power generating assets, and controllable loads, enhancing operational visibility. This visibility allows utilities to better balance energy supply and demand, contributing to grid reliability and resiliency.

“The industry needs an innovative solution to help store and digitalise the multiple data streams from complex utility infrastructures around the world,” commented Ben Dawson of SECO Energy, a not-for-profit electric cooperative based in Central Florida. “Honeywell Forge Performance+ for Utilities’ ability to receive real-time actionable insights on one connected platform helps utilities better connect with their customers worldwide.”

The platform integrates, organises, and visualises data from various sources to accelerate analytics processes and transform utility grid data into actionable, real-time business and operational insights. It supports a variety of applications, including those from both Honeywell and third-party partners such as SparkMeter.

For more information visit www.honeywell.com

7th June 2024