Itron and Norgesnett Collaborate on First Grid Edge Computing Deployment in Nordics
Itron (NASDAQ: ITRI) and Norwegian utility Norgesnett announced their collaboration on the first edge computing deployment in the Nordics using Itron's Grid Edge Intelligence portfolio. Norgesnett will deploy 10,000 Itron distributed intelligence (DI)-enabled smart endpoints starting in the first half of 2026.
The project is part of Norgesnett's Advanced Metering Infrastructure (AMI) grid modernization roadmap, aimed at gaining greater distribution system visibility and control. The DI-enabled solution will help address challenges from increased distributed energy resources, including rooftop solar power and electric vehicle adoption in Norway, where almost 96% of new cars registered in January 2025 were electric.
The smart endpoints will provide real-time energy usage data, enable remote power management, and support flexible two-way communication. This implementation aligns with Nordic Innovation's vision for the region to become the most sustainable and integrated globally by 2030.
Itron (NASDAQ: ITRI) e la compagnia norvegese Norgesnett hanno annunciato la loro collaborazione per il primo deployment di edge computing nei Paesi Nordici, utilizzando il portfolio di Grid Edge Intelligence di Itron. Norgesnett installerà 10.000 endpoint intelligenti abilitati all'intelligenza distribuita (DI) a partire dalla prima metà del 2026.
Il progetto fa parte della roadmap di modernizzazione della rete di Norgesnett per l'Infrastruttura di Misurazione Avanzata (AMI), con l'obiettivo di ottenere una maggiore visibilità e controllo del sistema di distribuzione. La soluzione abilitata DI aiuterà a affrontare le sfide derivanti dall'aumento delle risorse energetiche distribuite, inclusi i pannelli solari sui tetti e l'adozione di veicoli elettrici in Norvegia, dove quasi il 96% delle nuove auto registrate a gennaio 2025 erano elettriche.
Gli endpoint intelligenti forniranno dati in tempo reale sul consumo energetico, permetteranno la gestione remota dell'energia e supporteranno una comunicazione flessibile bidirezionale. Questa implementazione è in linea con la visione di Nordic Innovation per rendere la regione la più sostenibile e integrata a livello globale entro il 2030.
Itron (NASDAQ: ITRI) y la compañía noruega Norgesnett anunciaron su colaboración en el primer despliegue de edge computing en los países nórdicos utilizando el portafolio de Grid Edge Intelligence de Itron. Norgesnett implementará 10,000 puntos finales inteligentes habilitados para inteligencia distribuida (DI) comenzando en la primera mitad de 2026.
El proyecto es parte de la hoja de ruta de modernización de la red de Norgesnett para la Infraestructura de Medición Avanzada (AMI), con el objetivo de obtener una mayor visibilidad y control del sistema de distribución. La solución habilitada para DI ayudará a abordar los desafíos derivados del aumento de los recursos energéticos distribuidos, incluidos los paneles solares en los techos y la adopción de vehículos eléctricos en Noruega, donde casi el 96% de los nuevos coches registrados en enero de 2025 eran eléctricos.
Los puntos finales inteligentes proporcionarán datos de consumo energético en tiempo real, permitirán la gestión remota de la energía y respaldarán una comunicación bidireccional flexible. Esta implementación está alineada con la visión de Nordic Innovation para que la región se convierta en la más sostenible e integrada a nivel mundial para 2030.
Itron (NASDAQ: ITRI)과 노르웨이의 전력 회사 Norgesnett가 Itron의 Grid Edge Intelligence 포트폴리오를 사용하여 북유럽에서 첫 번째 엣지 컴퓨팅 배포에 대한 협력을 발표했습니다. Norgesnett는 2026년 상반기부터 10,000개의 분산 지능(DI) 지원 스마트 엔드포인트를 배포할 예정입니다.
이 프로젝트는 Norgesnett의 고급 계량 인프라(AMI) 전력망 현대화 로드맵의 일환으로, 더 나은 배전 시스템 가시성과 제어를 목표로 하고 있습니다. DI 지원 솔루션은 노르웨이에서 지붕 태양광 발전과 전기차 채택 증가로 인한 문제를 해결하는 데 도움을 줄 것입니다. 2025년 1월에 등록된 신규 자동차의 거의 96%가 전기차였습니다.
스마트 엔드포인트는 실시간 에너지 사용 데이터를 제공하고, 원격 전력 관리가 가능하며, 유연한 양방향 통신을 지원합니다. 이 구현은 2030년까지 이 지역이 세계에서 가장 지속 가능하고 통합된 지역이 되기를 바라는 Nordic Innovation의 비전과 일치합니다.
Itron (NASDAQ: ITRI) et la compagnie norvégienne Norgesnett ont annoncé leur collaboration pour le premier déploiement d'edge computing dans les pays nordiques, utilisant le portefeuille de Grid Edge Intelligence d'Itron. Norgesnett déploiera 10 000 points d'extrémité intelligents habilités à l'intelligence distribuée (DI) à partir de la première moitié de 2026.
Ce projet fait partie de la feuille de route de modernisation du réseau de Norgesnett pour l'Infrastructure de Mesure Avancée (AMI), visant à obtenir une meilleure visibilité et un meilleur contrôle du système de distribution. La solution habilitée DI aidera à relever les défis liés à l'augmentation des ressources énergétiques distribuées, y compris l'énergie solaire sur les toits et l'adoption de véhicules électriques en Norvège, où presque 96 % des nouvelles voitures immatriculées en janvier 2025 étaient électriques.
Les points d'extrémité intelligents fourniront des données de consommation d'énergie en temps réel, permettront la gestion à distance de l'énergie et soutiendront une communication bidirectionnelle flexible. Cette mise en œuvre est en accord avec la vision de Nordic Innovation pour que la région devienne la plus durable et intégrée au monde d'ici 2030.
Itron (NASDAQ: ITRI) und das norwegische Versorgungsunternehmen Norgesnett haben ihre Zusammenarbeit beim ersten Edge-Computing-Einsatz in den nordischen Ländern bekannt gegeben, der das Portfolio von Itrons Grid Edge Intelligence nutzt. Norgesnett wird ab der ersten Hälfte von 2026 10.000 intelligente Endpunkte mit verteilter Intelligenz (DI) implementieren.
Das Projekt ist Teil des Modernisierungsplans für die Advanced Metering Infrastructure (AMI) von Norgesnett, der darauf abzielt, eine bessere Sichtbarkeit und Kontrolle des Verteilungssystems zu erreichen. Die DI-fähige Lösung wird helfen, Herausforderungen durch zunehmende verteilte Energiequellen, einschließlich Dachsolaranlagen und der Einführung von Elektrofahrzeugen in Norwegen, zu bewältigen, wo fast 96% der im Januar 2025 registrierten Neuwagen elektrisch waren.
Die intelligenten Endpunkte werden Echtzeitdaten zum Energieverbrauch bereitstellen, eine Fernverwaltung der Energie ermöglichen und flexible bidirektionale Kommunikation unterstützen. Diese Implementierung steht im Einklang mit der Vision von Nordic Innovation, die Region bis 2030 zur nachhaltigsten und am besten integrierten weltweit zu machen.
- First-mover advantage in Nordic edge computing market
- Strategic expansion into Norway's advanced renewable energy market
- Secured contract for 10,000 smart meter deployment
- Partnership with Norway's most efficient power grid company
- Project implementation delayed until 2026
- Initial deployment to 10,000 units
Insights
Itron's collaboration with Norgesnett marks a strategic market expansion into the Nordic region with their Distributed Intelligence (DI) technology. This isn't just another smart meter deployment - it's the first edge computing implementation in the region, giving Itron first-mover advantage in a sophisticated market.
Norway presents an ideal proving ground for Itron's grid edge technology due to its nearly 100% renewable electricity system and 96% electric vehicle adoption rate in new car registrations. These factors create precisely the grid management challenges that Itron's technology is designed to solve - balancing distributed energy resources, managing demand fluctuations, and preventing outages.
The initial deployment of 10,000 DI-enabled endpoints is modest but significant as a beachhead in the Nordic market. What's technically noteworthy is the emphasis on two-way communication capabilities and real-time analytics, enabling remote application updates and power management. This flexibility allows utilities to adapt to emerging challenges without hardware replacements.
This deployment aligns with the broader utility industry shift toward edge computing, where processing happens at the endpoint rather than centrally. This architectural approach supports faster response times and enhanced grid resilience - critical factors as renewable penetration increases globally.
While financial terms remain undisclosed, this Norgesnett partnership represents measured positive progress for Itron's growth strategy in three key areas:
First, it extends Itron's geographic footprint into the Nordic utilities market, creating potential for additional regional opportunities as neighboring utilities observe results. The explicit mention of this being the "first phase" signals expansion potential beyond the initial 10,000 units.
Second, it validates Itron's strategic investment in distributed intelligence technology, which commands premium pricing compared to standard metering. This technology addresses high-growth market segments driven by renewable energy integration and EV adoption challenges.
Third, it creates a valuable reference implementation in a market with advanced renewable integration, potentially accelerating sales cycles in similar markets worldwide.
Investors should note the 2026 deployment timeframe, meaning material revenue impact is not immediate. However, the contract supports Itron's long-term positioning in the grid modernization space, which represents a sustainable growth vector as global utilities invest in infrastructure capable of managing increasingly complex distributed energy resources.
The partnership also demonstrates Itron's success in moving up the value chain from basic metering to advanced grid management solutions, which typically generate higher margins and create opportunities for recurring software and services revenue.
Norwegian Utility to Deploy Itron’s Distributed Intelligence-Enabled Smart Meters to Modernize Grid
LIBERTY LAKE, Wash., April 02, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is working together with Norwegian energy utility, Norgesnett, on the first-ever edge computing deployment in the Nordics with Itron’s Grid Edge Intelligence portfolio, which includes distributed intelligence (DI)-enabled smart meters.
As part of Norgesnett’s Advanced Metering Infrastructure (AMI) grid modernization roadmap, the utility will leverage DI to gain greater distribution system visibility and control at the grid edge, from the consumer to the substation. By enabling edge computing, DI lays the foundation for efficient adoption and flexibility of distributed energy resources, enhances grid network awareness, improves decision-making and streamlines real-time grid operations.
Norway has almost an entirely renewables-based electricity system, and almost
Norgesnett will deploy 10,000 Itron DI-enabled smart endpoints in the first phase of this project beginning in the first half of 2026. Norgesnett will also have access to the Itron ecosystem, which includes a diverse set of DI applications. Itron’s DI-enabled solution lays the foundation for grid modernization, allowing the utility to access a range of applications that address the complexities and challenges from increased distributed energy resources which include rooftop solar power and electric vehicle adoption.
With flexible two-way communication, Norgesnett can update each endpoint and install applications remotely. This remote access also enables Norgesnett to shut off power due to safety concerns, move-in/move-out or nonpayment, or reduce power usage during peak demand periods. Additionally, the endpoints provide real-time energy usage data to both the end-user and the utility, benefiting customers by empowering them with insights into their electricity consumption and enabling increased energy efficiency.
The Norgesnett AMI project aligns with the Nordic Innovation, an organization under the Nordic Council of Ministers, and its vision that the Nordic region will become the most sustainable and integrated regions in the world by 2030. The DI-enabled solution is equipped to address additional smart utility and city use cases as they evolve. With real-time data insight into electricity consumption, Norgesnett can analyze data from each endpoint to understand how renewable energy resources affect energy load. As distributed energy resources continue to rise, this data is a key element in preventing outages and preventing transformer overload. This data enables consumers to reduce their energy usage, contributing to a more sustainable region.
“Recognized as the country’s most efficient grid company, we are committed to deploying solutions that increase efficiency not only for the utility company, but also for our customers. As we modernize our grid with the first DI deployment in the Nordics, we are advancing this mission. Together with Itron, we will deliver electricity in a reliable and safe manner. In addition, Itron’s solution provides advanced analytics on electricity usage, taking our service one step further,” said Vidar Kristoffersen, CEO at Norgesnett.
“The energy grid is an ever-changing landscape that needs to be flexible and adaptable to challenges and opportunities ahead. With Itron’s Grid Edge Intelligence portfolio, Norgesnett is taking an important step in creating a modernized and reliable power grid. This next generation of AMI will provide a range of benefits from improved operational efficiency, enhanced customer engagement, outage detection and overall better grid management,” said Don Reeves, senior vice president of Outcomes at Itron.
About Itron
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