Itron to Showcase Innovative Grid Edge Intelligence Portfolio at DISTRIBUTECH 2024
14 Febbraio 2024 - 10:05PM
Business Wire
Company’s Grid Edge Intelligence Portfolio
Enables Unprecedented Visibility and Control Across the Electric
Distribution Grid
Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for
utilities and cities to manage energy and water, is showcasing its
innovative Grid Edge Intelligence portfolio, which is providing new
capabilities for electric grid operators to address critical
operational challenges, at DISTRIBUTECH International in Orlando,
Florida, Feb. 27-29, 2024.
Utilities are experiencing increased electricity demand driven
by the electrification of transportation and an influx of
distributed energy resources (DERs). This is creating more
complexity for grid operators in balancing supply and demand, and
for utility customer services teams that actively engage with
consumers who own and operate DERs, such as electric vehicles or
residential solar systems. These trends, coupled with the impacts
of extreme weather and aggressive decarbonization goals, are
putting more pressure on utilities to deliver reliable and safe
energy.
“Together with our customers and strategic partners, Itron is
leading the effort to provide utilities with greater visibility and
control at the edge of the electric distribution network at scale,”
said Don Reeves, senior vice president of Outcomes at Itron.
“Utilities are operating in a more complex environment than ever
before and there is a real sense of urgency that change is needed
to ensure grid reliability, resiliency and sustainability, and
improve the customer experience. Our expertise in delivering
intelligently connected solutions across the distribution network
can help our customers address these challenges in a
cost-effective, scalable way.
“According to our customers, Itron’s Grid Edge Intelligence
portfolio can enhance grid capacity by approximately 20% through
the optimization of existing grid assets, delaying the immediate
need to invest in more infrastructure to balance the grid. These
non-wires alternative solutions help reduce operating and
maintenance costs, increase effectiveness of planning and
operations, and ease the transition to renewables,” added
Reeves.
Itron’s proven Grid Edge Intelligence portfolio provides
utilities with greater visibility and more control at the grid edge
to better manage the integration of increasingly distributed and
intermittent loads and supply sources amid rising energy demand.
The solutions within the Itron portfolio offer extended visibility
to millions of devices that a utility has below the substation,
including feeders, transformers, meters and behind-the-meter
devices. Building on Itron’s Advanced Metering Infrastructure (AMI)
solution, featuring distributed intelligence (DI), with advanced
applications such as Itron’s grid edge Distributed Energy Resources
Management System (DERMS), Grid Edge Intelligence optimizes
capacity locally where it is needed. Grid edge analytics give
utilities visibility and control from the meter to the transformer
and all the way to the substation while empowering consumers to
conserve energy usage.
The solutions within the Grid Edge Intelligence portfolio build
on Itron’s proven scale with more than 89 million endpoints under
management, 8 million DI-enabled meters shipped, and millions of DI
applications licensed as of the end of September 2023, delivering
unprecedented results to multiple utilities every day.
“Over the foreseeable future, the integration of
behind-the-meter DERs is one of the most pressing concerns for
network operators. Real-time control and visibility across millions
of devices is only possible through real-time automation and edge
computing powered by Artificial Intelligence (AI) and machine
learning (ML). This emerging reality increasingly demands AI-driven
techniques and solutions for the detection, disaggregation and
optimization of DERs,” said Mike Kelly, senior research analyst at
Guidehouse.
Itron’s Grid Edge Intelligence Portfolio at
DISTRIBUTECH
Several key solutions within Itron’s Grid Edge Intelligence
portfolio will be on display, including:
- Intelligent Connectivity with multi-transport industrial
IoT (IIoT) networking that delivers robust connectivity to many
devices and applications including DI-enabled Riva ® smart meters,
behind-the-meter DERs and distribution automation devices.
- Operations and Data Management, including solutions like
Itron Enterprise EditionTM and Operations Optimizer® that deliver
cost-effective automation of operations proven at scale. These
foundational applications manage device and network connectivity
operation and data delivery to prepare data for processing and
delivery. Additionally, Itron’s DataHub will be featured, which
provides a united, user-friendly platform for utilities and third
parties to provide easy and secure data access, and to facilitate
the sharing of metering data, billing information and grid edge
data.
- Itron Optimizer Solutions, including Grid Edge Optimizer
for providing analytics to support grid planning and operations,
Distributed Energy Resource Optimizer, Itron’s unique grid aware
DERMS solution, Electric Vehicle Optimizer that helps utilities to
manage commercial fleets and DataHub to enable real-time visibility
at the edge and increased consumer engagement with use cases
previously impossible.
- Distributed Intelligence Applications, like Active
Transformer Load Monitoring, Location Awareness, EV and Solar
Awareness and Itron’s Safety Bundle are part of the Grid Edge
Optimizer.
Attendees can also experience Itron’s Grid Edge Intelligence
portfolio in action with the Itron Experience:
- Itron Experience – Attendees can “Choose Your Own Grid
Adventure” and see how their decisions just might make or break the
grid. Demos include EV Awareness, Grid Edge Management, Location
Awareness, Active Transformer Load Monitoring and DER
Optimizer.
To learn more and experience the demos, visit Itron in booth
#2200 at DISTRIBUTECH International in Orlando, Florida, Feb.
27-29, 2024.
About Itron
Itron is a proven global leader in energy, water, smart city,
IIoT and intelligent infrastructure services. For utilities, cities
and society, we build innovative systems, create new efficiencies,
connect communities, encourage conservation and increase
resourcefulness. By safeguarding our invaluable natural resources
today and tomorrow, we improve the quality of life for people
around the world. Join us: www.itron.com.
Itron® is a registered trademark of Itron, Inc. All third-party
trademarks are property of their respective owners and any usage
herein does not suggest or imply any relationship between Itron and
the third party unless expressly stated.
Additional Resources
- LinkedIn: https://www.linkedin.com/company/itroninc/
- X: https://twitter.com/ItronInc
- Newsroom: www.itron.com/company/newsroom
- Blog: https://blogs.itron.com
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version on businesswire.com: https://www.businesswire.com/news/home/20240214111505/en/
Itron, Inc. Alison Mallahan Senior Manager, Corporate
Communications 509-891-3802 PR@Itron.com
Paul Vincent Vice President, Investor Relations 512-560-1172
Investors@itron.com
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