Itron Unveils Cutting-Edge Low Voltage Distributed Energy Resource Management System (LV DERMS) for Australian Market at Energy Networks 2024 [Yahoo! Finance]
Itron, Inc. (ITRI)
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Source: Yahoo! Finance
LIBERTY LAKE, Wash., March 19, 2024 BUSINESS WIRE )--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 inform
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