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Itron Gathers Customers, Partners and Industry Thought Leaders at Itron Inspire Africa

Friday, June 02, 2023

LIBERTY LAKE, Wash: Itron, Inc.

(NASDAQ: ITRI), which is transforming the way utilities and cities manage energy and water, announced that it will host a premier customer event in Kigali, Rwanda, from June 5-8, 2023. Itron Inspire Africa will gather industry experts, colleagues and thought leaders from across the region to drive industry transformation, reimagine customer engagement and explore the latest solutions and innovations that are accelerating the energy transition.

“This in-person event is an opportunity for industry leaders to address the rapidly evolving energy landscape and the impacts on utilities and smart cities across the continent”

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“It is a great privilege to gather our customers and partners at Itron Inspire Africa to address the pressing challenges facing our industry and to catalyze progress and innovation,” said Andrew Jones, Itron’s vice president of sales for EMEA. “Itron’s solutions are helping utilities and cities confront today’s challenges head-on while preparing for the complexities of tomorrow. Together, we can convert these challenges into opportunities for efficiency, sustainability and a more resourceful world.”

“This in-person event is an opportunity for industry leaders to address the rapidly evolving energy landscape and the impacts on utilities and smart cities across the continent,” said Babacar Diba, Itron's director of sales for Africa. “We look forward to discussing the needs of African utilities and their communities as well as Itron solutions that can bridge the gap between sustainability goals and the limitations of existing infrastructures.”

Covering a wide range of topics at Itron Inspire Africa, attendees will learn more about industry trends, challenges and opportunities, attend industry-led panels with their peers and network with leaders in similar industry sectors. Among the topics that will be covered at Itron Inspire Africa include:

• Networked solutions for a better-connected future and enabling the smart cities of tomorrow

• Modern water solutions for an energy in transition as well as minimizing water scarcity through better management of leaks and water losses

• Low-voltage distribution grid management

• Impacts of distributed energy resources (DERs) and electric vehicles on the grid

• Turning behind-the-meter DERs into valuable grid assets

• Adopting Itron’s analytics solution to better forecast load management to reduce outages, load shedding and improve revenue assurance

Keep up with the latest updates on Itron Inspire Africa by following Itron on LinkedIn, Twitter and Facebook. To learn more about Itron Inspire Africa, contact Mariam Mugore, Channel Sales Manager, Africa Region, mariam.mugore@itron.com.

Itron to Announce Third Quarter Results on Nov. 2, 2023

Monday, October 16, 2023

LIBERTY LAKE, Wash. --Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today that it will release financial results for the quarter ended Sep. 30, 2023 before the market opens on Thursday, Nov. 2, 2023. The company’s press release and financial statements will be available on the company’s website at https://investors.itron.com on Nov. 2, 2023 at 8:30 a.m. EDT followed by the management conference call at 10 a.m. EDT to discuss the results.

Interested parties may listen to the conference call on a live webcast. The webcast, along with a supplemental presentation, may be accessed from the company’s website at https://investors.itron.com/events.cfm. Participants should access the webcast 10 minutes prior to the start of the call to install and test any necessary audio software. Participants can also pre-register for the webcast at any time using the link above.

Itron Announces Participation at Upcoming Investor Conferences

Monday, October 30, 2023

LIBERTY LAKE, Wash. --Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced today that it will participate in the following upcoming conferences:

• Baird Global Industrial Conference, Nov. 8, 2023, Chicago – Joan Hooper, senior vice president and chief financial officer, will participate in a fireside chat and investor meetings.

• Stephens Annual Investment Conference, Nov. 16, 2023, Nashville – John Marcolini, senior vice president for Networked Solutions will participate in a fireside chat and investor meetings.

Itron Report Reveals Current State of Energy Transition Amongst U.S. Utilities

Thursday, November 02, 2023

Survey Uncovers Top Challenges and Opportunities of the Energy Transition from the Perspectives of U.S. Utilities and Commissioners

LIBERTY LAKE - Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, today released its 2023 Resourcefulness Insight Report that explores the implications of the energy transition—the shift away from a reliance on fossil fuels and associated influx of distributed energy resources. The report, Powering the Energy Transition: Insights from Utilities and Commissioners on Creating the Future U.S. Grid, summarizes key findings from 250 U.S. utility executives and 10 state public utility commissioners on topics relating to the energy transition, including the challenges they see coming and how they expect to meet them.

“This year’s report underscores the pivotal moment we're at in shaping the future of the U.S. grid. By surveying commissioners and utility executives, the research offers a unique lens into the challenges and opportunities of the energy transition. What’s clear is that utilities are looking to address those challenges, and the study uncovers where they are on this journey,” said Marina Donovan, vice president of global marketing, ESG and public affairs at Itron. “We hope this report provides utilities and commissioners with valuable insights that will help them navigate today’s complex energy landscape.”

Published today at Itron Inspire 2023, the company’s premier customer-focused event, the report reveals what both groups think about how the grid is changing—and the important work still to be done. The findings indicate that utilities and regulators embrace the transition—with nearly nine in 10 (88%) utility executives saying that the energy transition is extremely or very important and seven in 10 commissioners saying policies are supportive of the energy transition. According to the survey, 45% of utilities are actively implementing plans to address it, 49% are in the planning stages and the rest have not started planning. Additional key findings in the report show:

• Public demand is seen as the top driver of the energy transition for utilities at 37%, with cost savings (36%) and environmental concerns (34%) also at the top of the list.

• Utilities’ top technology priorities include infrastructure upgrades and grid modernization, ranking the highest at 48%, while developing renewable energy sources is right behind at 47%.

• 61% of utility executives believe current policies are supportive of transition initiatives, though 20% say they hinder progress.

The report also found that utility executives and commissioners have similar perspectives on the types of challenges that utilities will face as the grid transitions:

When asked about the most effective ways to overcome these barriers, utility executives say that investing in technology and infrastructure to integrate renewables is the top strategy for overcoming challenges and it’s also the top activity that they are engaged in today. The key technology priorities that utilities believe will enable the energy transition are infrastructure upgrades and grid modernization, developing renewable energy sources, and energy storage and managing intermittency. Over the next five years, utilities plan to invest the most in technologies to manage load monitoring, voltage management and solar.

Both utilities and commissioners agree that consumers will play an important role in the transition but are concerned that they will add complexity due to their diverse needs and varying acceptance levels of new technologies. According to utilities, there are four key ways that consumers can make a difference:

1. Greater understanding of the importance of sustainable energy.

2. Higher adoption of energy-efficient appliances and systems.

3. More participation in demand response programs.

4. Changes in daily consumption behavior to align with grid needs.

“Utilities have a critical role to play in accelerating the energy transition, and stakeholder education is an important part of that effort. By educating consumers, policymakers and regulators about clean energy, conservation and energy management programs, utilities can help overcome these challenges,” added Donovan. “As utilities start their energy transition journey, there are steps they can take to position themselves for success, including investing in an intelligent, responsive grid and taking advantage of funding opportunities like the Infrastructure Investment and Jobs Act (IIJA). Everyone has a role to play in addressing the energy transition. By working together, we can create a more sustainable energy future.”

To download a full copy of the Itron Resourcefulness Insight Report as well as the research, visit www.itron.com/rir.

Methodology

The 2023 Resourcefulness Insight Report consolidates perceptions of U.S. utility executives and state public utility commissioners on topics relating to the energy transition. A total of 250 online surveys were completed by utility executives, and 10 interviews with state commissioners were conducted by the editors of Public Utilities Fortnightly in July and August of 2023. Utility executive respondents were mid-level managers or higher who have input on decision making for electric, gas, and water utilities in the United States. State utility Commissioners represent a cross-section of currently serving U.S. state Commissioners in a sampling of states representing all four census regions of the U.S.

Itron and Schneider Electric Join Forces to Modernize and Simplify Energy Distribution, Address Energy Transition

Thursday, February 29, 2024

• Strategic collaboration digitalizes supply and demand management to maximize grid flexibility, capacity, and efficiency

LIBERTY LAKE, Wash. & BOSTONItron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, and Schneider Electric, the leader in the digital transformation of energy management and automation, are collaborating to improve energy and grid management for utilities as homeowners and businesses increasingly adopt distributed energy resources (DER)—like rooftop solar, battery energy storage, electric vehicles and microgrids—at the grid edge. In a stepwise approach, the companies will integrate their intelligent grid and distributed energy resource (DER) management solutions to digitalize the demand and supply of electricity.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240221420542/en/

Electricity demand is rapidly increasing due to the electrification of transportation, heating, and more. By 2050, the U.S. grid's capacity will have nearly doubled compared to 2022, according to the U.S. Energy Information Administration, and in Canada, grid capacity is projected to reach 226 GW by 2050.

With more DER comes more data generated at the grid’s edge, and an unprecedented opportunity to harness, aggregate and analyze that data to produce actionable insights. Utilities can leverage this awareness to optimize grid planning and operations by integrating Itron’s Grid Edge Intelligence solutions and Schneider’s Digital Grid solutions to increase grid capacity while deferring infrastructure investments. Itron and Schneider are working on dozens of integrated use cases that will deliver value across asset management, grid planning and operations, and DER management, and will work with utilities to integrate their solutions.

“We began collaborating with Schneider Electric to simplify grid management and enable a new generation of applications for utilities that recognize the dramatic changes and escalating demand that await all of us,” said Don Reeves, senior vice president of Outcomes at Itron. “This collaboration will help us realize Itron’s vision for the grid edge—one where meters, transformers and feeders negotiate amongst themselves to achieve localized distribution outcomes, dynamically adapting and configuring sections of the distribution grid while enabling consumers to participate and benefit from these transactions.”

“At Schneider Electric, we’re committed to delivering solutions for utilities that connect everything from grid to prosumer, and this collaboration with Itron is the latest expression of that commitment,” said Ruben Llanes, NAM Power & Grid Segment President for Schneider Electric. “Utilities today need an interoperable, fully connected foundation for intelligent grid operations, and it is inspiring to pursue this future with Itron—one of the most innovative forces in the industry.”

Modern utilities already benefit from Itron’s industrial IoT (IIoT) network solution that collects usage and status data from the point of service. By bringing together distributed and centralized intelligence, grid operators gain greater situational awareness and real-time insights, including key measurements, notifications, and events like downed wires. With this collaboration, utilities can extend energy orchestration to behind-the-meter assets, enabling proactive management of grid constraints when and where needed. Itron’s Grid Edge Intelligence solutions integrate grid analytics and edge DERMS to enhance visibility, such as high resolution, real-time transformer level insights and control with Schneider’s Digital Grid solutions. EcoStruxure ADMS allows grid operators to leverage enhanced outage management capabilities to efficiently detect and respond to faults, mitigating risks from climate impacts, like wildfires. And with Grid to Prosumer DERMS, utilities can maximize value from DER with an end-to-end approach to grid optimization, flexibility management, and prosumer engagement that support today’s energy transition.

Sophisticated grid edge intelligence solutions also support behind-the-meter intelligence—essential as more homes and commercial properties are equipped with DER like solar and electric vehicles. Bloomberg NEF projects 167 million homes and 23 million businesses to be solar users by 2050. These intelligent assets can then be leveraged in demand response programs that reward owners for easing their usage during times of peak demand. With solutions like Schneider Home and Itron’s Distributed Intelligence-enabled Optimizer solutions, prosumers can gain control of their electricity supply as they produce and consume energy, while utilities can optimize the grid to meet evolving needs.

Demonstrations at DISTRIBUTECH 2024, Booths #2633, #2200, #4343

Itron and Schneider Electric will be holding a News Conference at DISTRIBUTECH 2024 on February 27th in Orlando, Florida, where they will also hold demonstrations of their integrated grid edge intelligence, distributed intelligence, GIS, DERMS and ADMS solutions. Those demonstrations, along with additional customer activities throughout the year, will help accelerate grid modernization across multiple regions while validating key use cases for grid intelligence that other utilities can learn from.

Australian Council to Modernize Water Distribution System with Itron Solutions

Friday, May 03, 2024

LIBERTY LAKE, Wash,: Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is collaborating with Cairns Regional Council (Council), located in Queensland, Australia, to deploy Itron’s intelligent connectivity and analytic solution, which includes Intelis® wSource NB-IoT water meters and the utility’s existing mesh network technology that utilizes Itron’s unified Temetra® NB-IoT digital platform for data collection and data management. The Itron solution will be deployed over the next three years as part of Council’s comprehensive water security plan to take advantage of technology to better identify water leaks and improve customer experience.

This project builds on phase one of the Council’s smart water network project, which included an initial deployment of Itron’s Intelis ultrasonic water meters and integrated IoT network solution. Now, in this second phase, Itron and the Council are working together to deploy additional Intelis smart water meters, which will be managed by Itron’s Temetra NB-IoT digital platform to improve collection, tracking and management of water data from all endpoints within its network.

Itron’s intelligent connectivity solution will allow the Council to tackle a number of operational challenges related to water. Once the Intelis wSource water meters and NB-IoT digital platform are deployed, the Council will benefit from:

1. Faster Identification of Water Leaks – Temetra improves visibility before and after the meter to help address non-revenue water losses in the distribution system.

2. Improved Customer Experience – With the Intelis NB-IoT water meter, the Council can help their customers better manage water usage by providing advanced, data driven insights.

3. Extended Meter Life – The Intelis NB-IoT water meter’s durable components and battery are designed to enable a 15-year lifetime even in harsh conditions.

4. Reduction of Costs – The Intelis NB-IoT water meter maintains accuracy in harsh conditions and delivers long-lasting performance in the field, lowering costs, and requiring fewer repairs and replacements.

“Water scarcity on the rise globally, and adopting a proactive approach to deploying a fully integrated water AMI solution serves as an example for other utilities and municipalities to ensure that their water infrastructure is built to address challenges they will face in the future,” said Don Reeves, senior vice president of Outcomes at Itron. “At Itron, we are excited to continue our work with the Council to help the utility prepare for increased demand for water and asset management challenges.”

Itron Invites Nominations for 2024 Innovator Award

Monday, July 29, 2024

LIBERTY LAKE, Wash., --Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced a global call for nominations for the 2024 Itron Innovator Award. The nominations are open through Friday, Sept. 6, 2024.



The sixth annual Itron Innovator Award will recognize an Itron utility or city customer who has implemented a cutting-edge solution that leverages Itron’s Technology Partner Enablement Program to overcome energy or water challenges or help create a more resourceful world. The winner will be announced at Itron Inspire 2024, Itron’s premier customer-focused conference that unites industry leaders and utility peers for a week of learning and inspiration.



Applicants must be piloting their solution, have deployed it in the field, or have quantifiable outcomes from the solution. The solution must also integrate successfully with an Itron solution, whether it be networked solutions, back-office software or distributed intelligence platform.



In 2023, the award was presented to Tampa Electric Company for its Smart Cities and Load Management programs, which included upgrading over 200,000 streetlights with multiple Itron smart city technology partners.



“Our customers continue to pioneer new solutions, leveraging the innovations made possible with our partner enablement program. To showcase what’s possible and to recognize our customers’ abilities to solve challenges in energy, water and smart city management, we are thrilled to accept nominations for this year’s Itron Innovator Award,” said Christina Haslund, head of partner management at Itron.



Itron works with more than 200 partners globally to expand and enhance Itron’s solutions and overall customer experience. Itron's robust partner ecosystem plays a pivotal role in delivering innovative solutions. Through Itron's ecosystem and partner network, cities and utilities can benefit from cutting-edge solutions to address vital business, operational and community challenges, fostering resourceful and vibrant communities for generations to come.



Nominations are now open for consideration, please submit an Itron customer or partner project here by Friday Sept. 6, 2024.