Itron’s Low Voltage Distributed Energy Resource Management System to Manage Rooftop Solar Generation in Australia
Itron, Inc. (ITRI)
Last itron, inc. earnings: 2/24 04:05 pm
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Source: GlobeNewswire
LIBERTY LAKE, Wash., Dec. 01, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is collaborating with Jemena, a provider of gas and electricity services to millions of customers in Australia, to deploy Itron’s Low Voltage Distributed Energy Resource Management System (LV DERMS) to manage rooftop solar generation and enhance resiliency within the energy system. The innovative data-driven and flexible solution transforms the planning and operating risks caused by consumer energy resources (CERs), specifically solar, into opportunities. LV DERMS will help address challenges stemming from the integration of CER into the low voltage network with real-time insights to enable operational decisions. Following the emergency solar backstop mechanism mandated by the Victorian Government, from Oct. 1, 2024, all new or upgraded rooftop solar systems must have a utility compatible inverter and reliable internet
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