software as a service

Honeywell and power management company Stor Generation Ltd. launched a new smart grid program in the U.K. The companies will use Honeywell technology to temporarily trim energy use in commercial and industrial facilities, combining the excess power to help stabilize the electrical grid, and address country-wide carbon reduction and renewable energy commitments. Under the program, Stor Generation will pay facility owners to lower consumption when the call for electricity starts to outpace what power plants and renewable resources are able to produce.