Honeywell’s entry into the energy storage market sidesteps lithium-ion battery chemistry, the dominant technology on the market today. Instead, the company is relying on a technology that “looks more like a chemical plant,” in line with the industrial giant’s materials background, said Ben Owens, vice president and general manager of Honeywell Sustainable Technology Solutions.
“We’re interested in the long-duration space, storage of between four to 12 hours,” Owens said. “We see this as a unique opportunity to combine our experience in materials science and chemicals with the energy transition.”
