Even if the power is like-for-like, simple fact is the Honda has had fewer failures than the Renault. Red Bull's points count would be quite a bit higher just by taking out the DNFs.
Plus on the Renault engine there are lots of parts just on the externals that I can see that Red Bull could make better (lighter, stiffer, stronger) out of composites, because Renault are not capable yet. And the simple fact is the Red Bull chassis is slightly compromised by the way it has to be designed around fitting the Renault engine, which itself is designed specifically for the Renault chassis, not Red Bull's. With the Honda engine, the two will be designed together.
Even if the power is like-for-like, simple fact is the Honda has had fewer failures than the Renault. Red Bull's points count would be quite a bit higher just by taking out the DNFs.
Plus on the Renault engine there are lots of parts just on the externals that I can see that Red Bull could make better (lighter, stiffer, stronger) out of composites, because Renault are not capable yet. And the simple fact is the Red Bull chassis is slightly compromised by the way it has to be designed around fitting the Renault engine, which itself is designed specifically for the Renault chassis, not Red Bull's. With the Honda engine, the two will be designed together.