Honeywell launches new carbon energy management software for buildings

ByLance T. Lee

Jun 27, 2022

Honeywell says its new carbon and energy management service is the centerpiece of its new portfolio of sustainable building solutions that will allow building owners to track and optimize energy performance against carbon reduction targets. carbon, down to a device or asset level.

The company says that commercial buildings account for almost a third of global energy consumption and 37% of global energy-related CO2 emissions. It says that while 28% of these emissions are related to the operation of the building – or the energy used to heat, cool and power the building – many building owners probably do not have information on the consumption of the building. energy or carbon impact at device or asset level.

Honeywell says its service helps building owners and operators achieve two pressing, but often conflicting goals: reducing the environmental impact of buildings while optimizing indoor air quality to promote occupant well-being.

Using AI and machine learning, Carbon & Energy Management autonomously identifies and implements energy-saving measures to help increase efficiency, resilience and accountability across the entire business. a real estate portfolio.

The company says it continuously studies, analyzes and optimizes building performance at the individual asset level, measuring critical sustainability KPIs, including carbon emissions.

Manish Sharma, vice president and general manager of Honeywell Sustainable Buildings, says the building industry has long strived to improve energy efficiency and reduce carbon impact.

“But making meaningful changes in the short term is imperative – and that means building owners need better data about their operations,” he says.

“Given increased awareness and investment in sustainability, it is essential for a company to know – and clearly communicate to stakeholders – how its facilities are optimizing baseline energy consumptions to reduce their carbon impact. We help our clients create new metrics of success and take the complexity out of carbon management while balancing healthier spaces with our ready-to-now solutions. »

According to Honeywell, “impact investors” want to know in specific terms what companies’ carbon reduction goals are and what they are doing to achieve them. According to recent market research, reducing a building’s carbon footprint can potentially increase its business value.

Carbon and energy management establishes an energy performance benchmark with up to three years of usage history, real-time meter data, and environmental factors to determine which assets drive energy consumption.

The software also provides a real-time dashboard of critical sustainability KPIs, aggregates carbon data from energy-related emission sources (gas, electricity, and fuel sources) in a building, and reduces energy consumption using advanced building control capabilities without compromising occupant well-being. or comfort.

Honeywell says the service collects energy consumption data 24/7, recorded at 15-minute intervals, and sub-counts all energy-consuming assets to collect granular consumption information. This data enables Honeywell to help customers establish a rigorously derived baseline, provide a roadmap for carbon neutrality, and enable customers to execute the roadmap to help achieve their carbon neutral goals.

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