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Itron’s Low Voltage Distributed Energy Resource Management System to Manage Rooftop Solar Generation in Australia

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Itron (NASDAQ: ITRI) is partnering with Jemena to deploy its Low Voltage Distributed Energy Resource Management System (LV DERMS) in Australia. The system will manage rooftop solar generation to enhance grid stability. Following Victoria's mandate from Oct. 1, 2024, new solar installations must have utility-compatible inverters allowing remote management. Itron's solution enables Jemena to curtail solar power generation when needed, collect real-time data, and prevent grid instability caused by excess generation. With Australia's rooftop solar penetration at 30%, this implementation addresses critical energy system stability challenges while maintaining uninterrupted customer electricity supply.

Itron (NASDAQ: ITRI) sta collaborando con Jemena per implementare il suo Sistema di Gestione delle Risorse Energetiche Distribuite a Bassa Tensione (LV DERMS) in Australia. Il sistema gestirà la produzione di energia solare da tetti per migliorare la stabilità della rete. A seguito del mandato del Victoria, a partire dal 1° ottobre 2024, le nuove installazioni solari devono avere inverter compatibili con le utility, che consentano la gestione remota. La soluzione di Itron permette a Jemena di limitare la produzione di energia solare quando necessario, raccogliere dati in tempo reale e prevenire l'instabilità della rete causata da una produzione eccessiva. Con una penetrazione del 30% dell'energia solare da tetto in Australia, questa implementazione affronta le sfide critiche per la stabilità del sistema energetico mantenendo un approvvigionamento elettrico ininterrotto per i clienti.

Itron (NASDAQ: ITRI) se está asociando con Jemena para implementar su Sistema de Gestión de Recursos Energéticos Distribuidos de Baja Tensión (LV DERMS) en Australia. El sistema gestionará la generación solar en techos para mejorar la estabilidad de la red. Con el mandato de Victoria a partir del 1 de octubre de 2024, las nuevas instalaciones solares deben tener inversores compatibles con las empresas de servicios públicos que permitan la gestión remota. La solución de Itron permite a Jemena reducir la generación de energía solar cuando sea necesario, recopilar datos en tiempo real y prevenir la inestabilidad de la red causada por una generación excesiva. Con una penetración del 30% de la energía solar en techos en Australia, esta implementación aborda desafíos críticos para la estabilidad del sistema energético mientras mantiene un suministro eléctrico ininterrumpido a los clientes.

Itron (NASDAQ: ITRI)는 호주에서 저전압 분산 에너지 자원 관리 시스템(LV DERMS)을 배포하기 위해 Jemena와 파트너십을 맺고 있습니다. 이 시스템은 그리드의 안정성을 향상시키기 위해 옥상 태양광 발전을 관리합니다. 2024년 10월 1일부터 빅토리아주의 요구에 따라 새로운 태양광 설치는 원격 관리가 가능한 유틸리티 호환 인버터를 갖추어야 합니다. Itron의 솔루션은 Jemena가 필요할 때 태양광 발전을 줄이고, 실시간 데이터를 수집하며, 과도한 발전으로 인한 그리드 불안정을 방지할 수 있도록 합니다. 호주의 옥상 태양광 penetrasyon이 30%에 이르는 만큼, 이 구현은 안정적인 전력 공급을 유지하면서도 에너지 시스템 안정성의 중요한 도전에 대응합니다.

Itron (NASDAQ: ITRI) s'associe à Jemena pour déployer son Système de Gestion des Ressources Énergétiques Distribuées à Basse Tension (LV DERMS) en Australie. Le système gérera la production d'énergie solaire sur les toits pour améliorer la stabilité du réseau. Suite au mandat de Victoria à partir du 1er octobre 2024, les nouvelles installations solaires doivent disposer d'onduleurs compatibles avec les services publics permettant une gestion à distance. La solution d'Itron permet à Jemena de limiter la production d'énergie solaire quand cela est nécessaire, de recueillir des données en temps réel et de prévenir l'instabilité du réseau due à une production excessive. Avec une pénétration de 30 % de l'énergie solaire sur les toits en Australie, cette mise en œuvre répond aux défis critiques de stabilité du système énergétique tout en maintenant un approvisionnement électrique ininterrompu pour les clients.

Itron (NASDAQ: ITRI) arbeitet mit Jemena zusammen, um sein System zur Verwaltung von dezentralen Energiequellen mit Niederspannung (LV DERMS) in Australien einzuführen. Das System wird die Solarproduktion auf Dächern verwalten, um die Stabilität des Stromnetzes zu verbessern. Nach dem Mandat von Victoria, das am 1. Oktober 2024 in Kraft tritt, müssen neue Solarinstallationen über netzkompatible Wechselrichter verfügen, die eine Fernverwaltung ermöglichen. Die Lösung von Itron ermöglicht es Jemena, die Solarstromerzeugung bei Bedarf zu drosseln, Echtzeitdaten zu sammeln und Instabilität des Netzes aufgrund übermäßiger Erzeugung zu vermeiden. Mit einer Durchdringung von 30 % für Dachsolaranlagen in Australien adressiert diese Implementierung kritische Herausforderungen für die Stabilität des Energiesystems und gewährleistet gleichzeitig eine ununterbrochene Stromversorgung für die Kunden.

Positive
  • Solution addresses mandatory compliance requirements in Victoria, Australia
  • Partnership with major utility provider Jemena expands market presence
  • System provides real-time data collection and monitoring capabilities
  • Integration with existing infrastructure offers cost-effective implementation
Negative
  • None.

Insights

This strategic deployment of Itron's LV DERMS represents a significant technological advancement in managing Australia's growing distributed energy landscape. The solution addresses a critical market need as Australia grapples with 30% rooftop solar penetration, among the highest globally.

The system's real-time monitoring and remote curtailment capabilities provide essential grid stability features while maintaining uninterrupted power supply to customers. This positions Itron favorably in the rapidly expanding distributed energy management market, particularly as other regions may follow Australia's regulatory approach.

The integration with Jemena's existing infrastructure and compliance with Victorian government mandates demonstrates strong product-market fit and potential for expanded adoption across other utilities. The timing aligns perfectly with regulatory changes effective October 2024, suggesting steady revenue opportunities from both immediate deployments and future expansions.

This deal strengthens Itron's market position in the important Australian renewable energy sector. The mandate-driven deployment ensures a steady revenue stream, while addressing a critical infrastructure need that's likely to expand globally as other regions face similar solar integration challenges.

The partnership with Jemena, serving millions of customers, provides an excellent reference case for similar utilities worldwide. The solution's ability to integrate with existing AMI networks creates a compelling competitive advantage, potentially lowering barriers to adoption for other utilities already using Itron's infrastructure.

The timing is particularly strategic given Australia's aggressive climate goals and rapid solar adoption rate, positioning Itron at the forefront of a growing market segment.

Data-Driven Solution to Enable Jemena, at AEMO’s Direction, to Remotely Manage Consumer Energy Resources for Energy System Reliability

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 connection that will allow utilities to manage minimum demand. The Itron LV DERMS solution enables Jemena, at the direction of the Australian Energy Market Operator (AEMO), to remotely curtail solar power generation when supply and demand imbalances occur within the electricity grid. This capability ensures compliance with the Victoria mandate and offers an easy-to-install, cost-effective and secure solution for addressing stability challenges faced by AEMO, which stem from the low voltage distribution network.

Itron’s LV DERMS allows Jemena to continuously collect and process secure solar system generation data from all new rooftop solar connected to the system from Oct. 1, 2024. Near real-time information provides Jemena with visibility into the energy levels in their distribution network to respond and prevent grid instability caused by excess generation within the energy system. When Jemena moderates solar input to the grid to ensure grid reliability, customer electricity supply will continue uninterrupted. Itron’s LV DERMS offers a seamless deployment with Jemena’s existing back-office systems, delivering a complete view of the electricity network performance.

“Across Jemena’s electricity distribution network, we are seeing more customers adopt solar panels, electric vehicles and other technologies than ever before. While solar generation is beneficial to customers and a sustainable way to power homes, excess solar power can cause supply-demand imbalance within the energy system and potentially overload it,” said Georgia Cronin, General Manager Customer & Energy Solutions at Jemena. “Itron’s LV DERMS helps us manage minimum demand and contributes to keeping the lights on for our customers.”

“Maximizing the contribution of consumer energy resources (CERs) is key to meeting Australia’s climate goals, and with rooftop solar at 30% penetration, it’s growing faster than any other renewable sources across the continent. Australia recognizes the risks to the energy system from rooftop solar and is leading the industry as they implement mandates to prepare for the future of CERs,” said Alex Beveridge, Itron’s director of sales for APAC. “Designed specifically for the Australian market, our LV DERMS not only addresses the stability challenges facing the energy system but will also help Jemena better understand capacity constraints within the electricity distribution network. With Itron’s solutions already integrated at the edge of many Australian utility providers’ Advanced Metering Infrastructures (AMI) networks, deploying Itron’s LV DERMS provides a cost-effective and streamlined approach, as seen with Jemena.”

To learn how Australia is optimizing CERs to meet the country’s net-zero future, join the Smart Energy International webcast featuring spokespeople from Itron and Jemena on Tuesday, Dec. 3 at 3:00 p.m. AEDT or on Monday, Dec. 2 at 8:00 p.m. PST here.

About Itron

Itron is a proven global leader in energy, water, smart city, IoT 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 and the Itron Logo are registered trademarks of Itron Inc. in the United States and other countries and jurisdictions. 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.

For additional information, contact:

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

Itron, Inc.


FAQ

What is Itron's new solar management system in Australia?

Itron's Low Voltage Distributed Energy Resource Management System (LV DERMS) is a solution that enables utilities to remotely manage rooftop solar generation and maintain grid stability in Australia.

When will Itron's LV DERMS system become operational in Victoria, Australia?

The system will be operational from October 1, 2024, coinciding with Victoria's mandate requiring all new or upgraded rooftop solar systems to have utility-compatible inverters.

How does Itron's DERMS help manage solar power in Australia?

The system allows Jemena to remotely curtail solar power generation when supply-demand imbalances occur, collect real-time generation data, and prevent grid instability while maintaining uninterrupted customer electricity supply.

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