RALEIGH, N.C., Oct. 5, 2016 /PRNewswire/ -- Honeywell (NYSE:
HON) has been awarded two new regional smart grid projects in
Mexico by a consortium appointed
by the country's federal electricity company, Comisión Federal de
Electricidad (CFE), to manage its smart grid initiatives.
Honeywell's Smart Energy business, a global provider of
electricity and gas meters, and data analytics solutions, will
deploy more than 200,000 smart electricity meters along with
communications devices and software analytics tools to seven cities
in CFE's east and southeast regions.
The work will help the utility reduce costs and enhance service
by minimizing electricity losses across its transmission network
and more quickly identify and respond to power outages. Since 1992,
Honeywell has provided CFE with more than 1 million meters –
including 700,000 smart meters – for residential and commercial
customers as part of multiple network upgrades in all of the
utility's 16 regional divisions in Mexico.
"We are a preferred partner for smart grid projects based on our
proven technology and expertise in helping our customers address
evolving energy efficiency challenges like non-technical loss,"
said Rob Tupker, president Honeywell
Smart Energy. "These new CFE awards are the latest in our expanding
base of successful turn-key projects across Mexico."
CFE, the largest utility in the Central America and Caribbean region with more than 35 million
customers, is in the process of replacing outdated energy
transmission infrastructure and metering equipment with modern
technology that enables remote monitoring as well as outage
detection. The rollout in CFE's east region was completed in August
and the southeast region is expected to be completed in
July 2017.
"The Mexican Electrical Utility estimates the country's
electrical grid loses 13.11% percent of the electricity it
produces, as stated in the 2015 CFE Annual Report. For more
than 10 years we've partnered with Honeywell to help CFE modernize
its operations and work toward its goal of reducing electrical
losses using smart grid technology," said Bernardo Castro, general manager
of Tecnologías EOS, a member of the consortium chosen by
CFE to manage its smart grid initiative.
Honeywell delivers complete smart grid and energy management
solutions that drive energy efficiency, operational improvements
and cost savings for utilities, commercial and industrial customers
and consumers.
Honeywell (www.honeywell.com) is a Fortune 100
diversified technology and manufacturing leader, serving customers
worldwide with aerospace products and services; control
technologies for buildings, homes, and industry; turbochargers; and
performance materials. For more news and information on Honeywell,
please visit www.honeywell.com/newsroom.
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SOURCE Honeywell