Itron LV DERMS to Deliver New Functionalities for Australian Utilities to Better Manage Generation Resources
LIBERTY LAKE, Wash.–(BUSINESS WIRE)–#Australia–Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is unveiling its Low Voltage Distributed Energy Resource Management Solution (LV DERMS) for the Australian market at the Energy Networks Conference, taking place in Adelaide, Australia, from March 19-21, 2024. Itron’s innovative solution delivers a unique, data-driven method for managing Consumer Energy Resources (CERs), such as rooftop solar or battery storage, while maintaining network stability within the low-voltage network.
Australia has over 30% rooftop solar penetration, an aggressive plan to reduce base-load coal and a growing interest in electric vehicles (EVs). The challenges of the coming energy transition will result in grid instability originating in the LV network, which must be addressed. The top-down model-based solutions that are commonly used to address this challenge do not provide the necessary information for balancing the changes CERs will cause in the LV network.
Itron’s LV DERMS applies a bottom-up approach and, when integrated with existing back-office systems such as an advanced distribution management system (ADMS), it’s designed to shift the planning and operating risks caused by CERs into opportunities, through the core and unique capabilities of the solution that include:
“Australia’s plan for decarbonization is unique in its heavy reliance on rooftop solar and the number of market participants that must be coordinated to make it work. As a company that spends time solving problems at the edge of the LV network, Itron has developed a unique set of capabilities to deliver increasingly real-time outcomes based on actual measurement data, to enable utilities to control and balance the LV network,” said Paul Nelsen, vice president of Customer and Market Experience, APAC at Itron. “Over the past 20 years, Itron has worked closely with our utility customers to address several step-changes in scale and complexity driven by Australian market reforms. Itron’s LV DERMS is specifically tailored to bring together the global and local technologies to address Australia’s unique needs for CER optimization in the LV network.”
To explore these solutions and to learn more about the LV DERMS or Distributed Intelligence for Australia, visit Itron in booth #81 at Energy Networks in Adelaide, Australia, from March 19-21, 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.
Itron, Inc.
Contacts
Itron, Inc.
Sharon Chong
Field Marketing Manager, Asia Pacific
Office: +65 69837687
sharon.chong@itron.com
Paul Vincent
Vice President, Investor Relations
512-560-1172
Investors@itron.com
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