Itron to Provide Forecasting-as-a-Service Solution in Mexico
December 12 2018 - 7:45AM
Business Wire
Government Agency to Utilize Itron’s
Forecasting Solution for Electricity Demand in Mexico
Itron, Inc. (NASDAQ: ITRI), which is innovating the way
utilities and cities manage energy and water, will deploy its
Forecasting-as-a-Service outcome offering for the National Energy
Control Center (Centro Nacional de Control de Energía or CENACE) in
Mexico to create confidence through accurate electricity demand
forecasts. CENACE operates the national electricity system in
Mexico. Gathering information as far as 14 days ahead, Itron will
deliver hourly demand forecasts to CENACE’s 10 regional control
offices.
With 123 million people, Mexico struggles to meet the demand for
electricity in hot seasons when people use air conditioners more
frequently. Now, CENACE will utilize Itron’s
Forecasting-as-a-Service offering for system and model maintenance
and monitoring. Itron will take responsibility for delivery of the
forecasting Outcome, which is all available in a cloud-based
solution running on Microsoft® Azure. With sophisticated algorithms
and analytics toolsets, CENACE will have access through an
interactive online portal to new high-resolution data sets and
strong domain expertise.
“The experience, simplicity and precision of the Itron service
gives us confidence,” said Guillermo Choreño, deputy director of
operation of the electric market of CENACE. “With accurate
forecasts of the system’s hourly load, we will be equipped to
optimally plan energy resources and ensure the reliable operation
the National Power System of Mexico.”
“As Itron’s first Forecasting-as-a-Service outcome deployment in
Latin America, we are thrilled to provide accurate forecasts to
assess the current and future impacts of customer growth and
technology penetration,” said Emerson Souza, Itron vice president
in Latin America. “With the power and accuracy of our offering,
energy retailers will be able to improve their energy models to
address the increasingly distributed grid.”
About Itron
Itron enables utilities and cities to safely, securely and
reliably deliver critical infrastructure services to communities in
more than 100 countries. Our portfolio of smart networks, software,
services, meters and sensors helps our customers better manage
electricity, gas and water resources for the people they serve. By
working with our customers to ensure their success, we help improve
the quality of life, ensure the safety and promote the well-being
of millions of people around the globe. Itron is dedicated to
creating a more resourceful world. Join us: www.itron.com.
Itron® is a registered trademark of Itron, Inc. 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.
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Itron, Inc.Alison MallahanSenior PR
Manager509-891-3802alison.mallahan@itron.com
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