Aldous Wong, HBS Vice President & General Manager, North Asia, shakes hands with Ai Yamin, Deputy Director of TEDA at the signing ceremony.
Honeywell signed an agreement with the Tianjin Economic-Technological Development Area (TEDA) to implement China’s first Smart Grid Demand Response project. State Grid Electric Power Research Institute selected Honeywell to develop the project in February. The signing also represents the official launch of the Demand Response System Pilot jointly sponsored by the Chinese and United States governments through the U.S.-China Energy Cooperation Program (ECP), which aims to develop a nationwide set of smart grid industry standards and regulations in China.
Under the Honeywell-TEDA agreement, Honeywell will conduct a demonstration project using its automated demand response (Auto DR) technology at select facilities within the TEDA development area, including office buildings, government and commercial facilities, and industrial plants.
As the world’s largest energy user, China seeks to develop a “smarter” electrical grid to better manage the country’s growing demand for energy and improve the reliability and efficiency of the nation’s utility infrastructure. Honeywell’s smart grid technology and expertise connects the utility and its customers so they can automatically adjust energy consumption to reduce demands on the energy grid.
For more information, read the press release.
