Thursday, June 19, 2008

Honeywell Takes the Guesswork Out of Green with its Renewable Energy Scorecard

PHOENIX, June 18, 2008 – As more organizations look to reduce their environmental impact, the interest in renewable energy technology has reached an all-time high. According to a recent report from the Renewable Energy Policy Network for the 21st Century, renewable energy use is growing much faster than 10 percent per year throughout the world. The generation capacity from solar photovoltaic systems alone was up 56 percent last year compared to 2006.

The challenge, however, comes with choosing the renewable technology that is good for the environment as well as the bottom line. A number of location-specific variables come into play — fuel availability, heating and cooling loads, utility rates, and rebates and tax incentives — making it difficult to identify the green solution that will deliver the greatest return on investment.

Honeywell (NYSE: HON) today announced it has developed a first-of-its-kind selection tool that quickly provide customers with the data to make an informed buying decision. Unveiled at the annual Honeywell Users Group for Buildings conference, the Renewable Energy Scorecard analyzes the variables for any given location to pinpoint the technology with the most significant environmental and economic drivers.

“Popular technology such as wind or solar power are often the default options for renewable energy, yet in some case they offer little if any economical return,” said Devin Castleton, Energy Group consulting analyst at Frost & Sullivan. “The Honeywell Scorecard is a unique tool that can help lead organizations directly to the technologies that offer the strongest economic drivers right away, providing an optimum advantage for organizations who are not only motivated by environmental stewardship but also by economic value.”

The tool looks at six proven renewable technologies, including solar, wind, biomass and geothermal. And it provides a simple payback for each. So it not only highlights the renewable resource with the greatest potential, but also provides an accurate financial forecast derived from calculating tax implications, rebates, subsidies and other incentives.

The Renewable Energy Scorecard is the output of a sophisticated energy profiling model built on a database that contains extensive information on each of the factors that influence the viability of the various technologies. This database provides Honeywell and its customers with an accurate vision and analysis of renewable energy at any location in North America.

“The Renewable Energy Scorecard is a data-driven solution to a complex issue,” said Kent Anson, vice president of global energy for Honeywell Building Solutions. “It’s important that environmental stewardship makes good business sense too. The Scorecard takes the guesswork out of the equation.”

The Renewable Energy Scorecard is part of an ongoing effort at Honeywell to help its customers maximize the use of renewable technologies and cut energy costs. Over the past three years, for example, Honeywell has helped a variety of customers — from colleges and hospitals to cities and the federal government — install biomass thermal and solar photovoltaic technology.

These projects are expected to reduce annual carbon emissions by 21 million pounds and nitrous oxide emissions by 187,000 pounds. According to figures from the U.S. Environmental Protection Agency, this is equivalent to removing more than 6,500 cars from the road or planting 8,100 acres of trees. The switch to a renewable energy source also is expected to help these customers trim millions from their utility bills.

Honeywell is a global leader in energy services, working with organizations to conserve energy, optimize building operations and leverage renewable energy sources. It was one of four energy services companies selected at the outset of the Clinton Climate Initiative to help the world’s largest cities reduce energy consumption and greenhouse gas emissions. This work has extended to the American College and University Presidents Climate Commitment and other groups.

Since the 1980s, Honeywell has completed more than 5,000 energy-efficiency projects in facilities across the globe. It also has helped 5 million homeowners decrease their energy use through our work with utilities. Combined, this work is expected to deliver more than $5 billion in energy and operational savings.

Through demand- and supply-side improvements, Honeywell helps customers save 15 to 25 percent of their energy bill on average. These projects are often done through performance contracts, which allow organizations to pay for facility improvements and upgrades through the energy savings they generate. The savings are guaranteed by Honeywell so the work does not impact operating budgets. This and other funding mechanisms like power purchase agreements (PPAs) help remove the financial barriers many organizations face when looking to implement green initiatives.

“From project development to financing, we can help customers every step of the way, making the process as quick and easy as possible,” Anson said.

Nearly 50 percent of Honeywell’s product portfolio company-wide is linked to energy efficiency. The company estimates the global economy could operate on 10 to 25 percent less energy by using today’s existing Honeywell technologies.

Honeywell International is a $37 billion diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London and Chicago Stock Exchanges. For additional information, please visit http://www.honeywell.com/. Honeywell Building Solutions is part of the Honeywell Automation and Control Solutions business group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry. For more information about Building Solutions, access www.honeywell.com/buildingsolutions.

Tuesday, June 17, 2008

Recycled Motor Oils Help the Environment

 

LEOLA, PA – If you’re like many car owners, you pride yourself on getting an oil change every 3,000 miles to keep your car in top working condition. But, have you ever considered what happens to all the used motor oils drained from cars each day? Unfortunately, much of the oil is hauled away and disposed of, putting the environment at risk. Not so at Cloister Car Wash & Lube in Pennsylvania, where they recycle 40,000 gallons of used motor oil each year.

 

By recycling the used motor oil on site through Clean Burn Used-Oil Coil Tube Boilers, Cloister Car Wash & Lube is able to generate hot water for radiant floor heating and to use in the car wash along with hot air that’s pumped back to heat the company’s quick lube operation.

 

            “Clean Burn products help our company play a responsible environmental stewardship role in the communities where we operate,” says Mike Mountz, owner, Cloister Car Wash & Lube. “Transporting used oils from our facilities to disposal areas is an expensive effort that always contains the potential for spills and environmental contamination. By having our own used-oil recycling systems on site, we eliminate this liability while doing something positive with the used motor oils that are generated in our daily operations.

 

            “The boilers and furnaces from Clean Burn are a good fit for us from a business standpoint. More importantly, the units eliminate potential dangers to the local environment that can happen if used motor oils are not recycled properly. We live in the communities we operate in so our decision to recycle our own used-oil on site impacts each of us personally.”

 

            In addition to the positive environmental aspects, Cloister Car Wash & Lube has found that the energy generated from the Clean Burn units provides inexpensive hot water for its car wash operations and snow melt.

 

            “We’ve invested in Clean Burn units for the past 11 years because they’re a critical part of our successful operations,” says Mountz. “As we’ve grown in locations, we’ve added in used-oil coil tube boilers and hot air units as part of our standard practices. These units are an economical way for us to dispose of our used motor oils, transmission fluid and other fluids while gaining back on-site energy recovery. This makes a great deal of economic and environmental sense. I believe the return-on-investment is strong for any facility with oil change operations.”

 

Another company recycling used motor oil is McCormick Motors in Indiana. Before installing their Clean Burn used-oil recycling furnace in 1998, McCormick Motors paid to have 11,000 gallons of used motor oil removed from their facility each year. Today, with four furnaces in place, they remove just a 55 gallon drum of used-oil yearly. And, more impressively, they abandoned their old boiler system and have had flat energy bills for the past ten years while using energy from the recycled oil to heat their 40,000-square foot service center and showroom.

 

“We recycle almost 10,000 gallons of used-oils each year with our Clean Burn units,” according to Gordon Moore, vice president of McCormick Motors in Nappanee, Indiana. “The energy savings are significant. However, the most important aspect is that we’ve eliminated our liability for transporting the used-oils to a disposal site and we’re doing something positive for the environment.”

 

Clean Burn products are used widely in the truck fleet industry, by fast lube service centers, in automobile dealerships and in the heavy construction industry. In addition, the RV, home building and marine industries are also finding valuable uses for Clean Burn products to offset rising energy costs. Clean Burn’s Used-Oil Coil Tube Boilers recycle used oils into hot water technology for use in car washes, baseboard and in-floor heating, and ice melt applications. The company’s Low Profile Used-Oil Furnaces are ideal for small to mid-sized facilities, and those areas with limited ceiling heights. These systems can be utilized as unit heaters or can be ducted as central furnaces. Hot air discharge louvers can be installed to direct heat precisely where it’s needed in a facility.

 

For large auto or truck fleet service centers, the Clean Burn Large Volume Used-Oil Furnaces provide high volume heating capacity along with a patented true heat exchanger that delivers more heat. These systems can be used as unit heaters or can be ducted as central furnaces. Finally, the Used-Oil Recycling Center from Clean Burn is a self-contained, on-site recycling and heating system that allows businesses to store and burn used oil conveniently and efficiently. The Recycling Center works in tandem with Clean Burn used-oil furnaces and has a UL-listed 250 gallon storage tank that supplies oil to the furnace.

 

Clean Burn holds numerous industry certifications and works with the U.S. government, the Environmental Protection Agency and various associations to help coordinate the establishment of standards and regulations related to heat recovery and recycling efforts involving used motor oils. For more information on Clean Burn, visit www.cleanburn.com or call 1-800-331-0183.