Nuon Selects Honeywell to Bring Safety and Efficiency to New Magnum Power Plant
AMSTERDAM, Nov. 18, 2008 – Honeywell (NYSE:HON) today announced that it has won an $11 million contract to provide process control hardware and software to Nuon’s Magnum plant, a 1300 megawatt combined-cycle (3 units) power station under construction in Eemshaven, the Netherlands. The contract win follows the completion of an engineering and design study initiated by Honeywell in 2007.
The Nuon Magnum plant, now in its first phase of construction, can supply electricity for approximately two million homes. A second gasification phase, including carbon capture, is under development. The gasification will enable the plant to convert coal, biomass and natural gas into clean power. Carbon capture would reduce the Magnum plant’s carbon dioxide emissions to a substantially lower footprint than traditional coal-fired power stations, especially in combination with the large scale co-firing of biomass.
At the center of the Magnum plant’s control system will be Honeywell’s Experion® Process Knowledge Systemwill monitor and control the state-of-the-art power station. Experion feeds data from critical plant subsystems directly to operators, giving them the necessary information to make real-time decisions that can improve plant safety, reliability and efficiency. Honeywell will also implement its Safety Manager to establish safety practices such as process and emergency shutdowns, equipment protection, and fire and gas monitoring. Additionally, Honeywell will supply equipment for the operator control room and provide a range of hardware and software engineering and consultancy services including an operator training simulator.
“The Magnum plant is a window into the future of power generation and therefore an exciting project for us,” said Edwin van den Maagdenberg, regional general manager for Honeywell Process Solutions Northern Europe. “Nuon requires specialized technology that will enable the Magnum site to run efficiently and profitably while minimizing impact to the environment.”
For more information about Experion and other Honeywell solutions that improve business performance, visit www.honeywell.com/ps.
Honeywell International is a $38 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 www.honeywell.com. Honeywell Process Solutions is part of Honeywell’s Automation and Control Solutions 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 Process Solutions, access www.honeywell.com/ps.
This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.
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