Honeywell's Intelligent Approach: Rewiring Energy Expansion with Smart Solutions
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Honeywell Rewires Energy Expansion: Intelligence Before Infrastructure
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CNBC TV18•23-02-2026, 13:51
Honeywell Rewires Energy Expansion: Intelligence Before Infrastructure
•Honeywell's Ken West emphasizes intelligence over new infrastructure for global energy expansion, focusing on efficiency and digital optimization.
•The company leverages AI and data from over 3.5 billion daily data points to optimize refinery operations and predict catalyst replacement, saving costs and reducing downtime.
•Digital optimization can create output equivalent to a new refinery by improving efficiency by just 5% across existing plants, without new construction.
•Sustainable Aviation Fuel (SAF) is scaling commercially, with Honeywell licensing technology for production from alternative feedstocks, crucial for countries like India.
•AI augments the energy workforce by providing predictive analytics and decision support, accelerating skill development and project scaling, especially in India.