Itron Unveils Cutting-Edge Low Voltage Distributed Energy Resource Management System (LV DERMS) for Australian Market at Energy Networks 2024
March 19 2024 - 5:00PM
Business Wire
Itron LV DERMS to Deliver New Functionalities
for Australian Utilities to Better Manage Generation Resources
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 information for balancing the changes CERs will cause in
the LV network.
Itron’s LV DERMS applies a bottom-up approach and, when
integrated with existing back-office systems such as an advanced
distribution management system (ADMS), it’s designed to shift the
planning and operating risks caused by CERs into opportunities,
through the core and unique capabilities of the solution that
include:
- Centralised Control and Visibility – Insight into the
capabilities of CERs within the LV network and orchestration based
on real-time understanding of state, forecast and constraints.
Itron’s LV DERMS can be scaled and adapted as the scale of CERs
requires market reforms from emergency back stop mandates to
adoption of non-wires alternatives applied across multiple market
roles.
- Dynamic System State Estimation (DSSE) – Itron’s LV
DERMS solution uses GridQube’s DSSE engine for the validation of LV
topology and real-time calculation of constraints and Dynamic
Operating Envelopes (DOEs). In contrast to power flow models, state
estimation techniques are uniquely well suited to LV applications
as they produce reliable results, in real-time, even in the face of
imperfect hierarchy data.
- State of the Art Forecasting – The same Itron engines
that today provide real-time operational forecasts for the National
Energy Market and the Wholesale Electricity Market are used in
Itron’s LV DERMS to forecast from high-voltage to the premise and
are applied to operations, DOE generation and scenario
analysis.
- Enhanced DOE Compliance Validation – Itron’s LV DERMS is
uniquely able to validate premise-level DOE compliance in near
real-time within constrained areas of the LV network.
- Energy Market Participation – Itron’s LV DERMS provides
a consistent single market-facing interface for:
- Tracking standing aggregator relationships for all CERs to
ensure accurate, near real-time publishing of DOEs to the market
responsible participant. An extension of Itron’s Australian Market
Transaction System, Distributed Energy Resource Publisher provides
tracking of standing aggregator relationships for all CERs and NMIs
to ensure distribution of DOEs and other data to the appropriate
responsible party.
- Enabling the key interface for connecting to aggregators and
CERs in real-time with a IEEE 2030.5 CSIP-AUS utility server that
provides premise level messaging and reporting for field CER
assets.
- Proven Scalability – Today, Itron’s platforms regularly
collect and process data from millions of LV network devices and
CERs in a single instance. With this strong foundation, Itron’s
solutions can help utilities be well advanced in meeting the future
scalability requirements in Australia towards full
decarbonization.
- Empowering LV DERMS with Distributed Intelligence - As
utilities progress toward full decarbonization, the number and
variety of CERs is projected to increase dramatically. Native
integration to Itron’s distributed intelligence platform enables LV
DERMS to be pushed to the edge of the grid in a highly distributed
architecture enabling autonomous control to balance the LV network
cost efficiently.
“Australia’s plan for decarbonization is unique in its heavy
reliance on rooftop solar and the number of market participants
that must be coordinated to make it work. As a company that spends
time solving problems at the edge of the LV network, Itron has
developed a unique set of capabilities to deliver increasingly
real-time outcomes based on actual measurement data, to enable
utilities to control and balance the LV network,” said Paul Nelsen,
vice president of Customer and Market Experience, APAC at Itron.
“Over the past 20 years, Itron has worked closely with our utility
customers to address several step-changes in scale and complexity
driven by Australian market reforms. Itron’s LV DERMS is
specifically tailored to bring together the global and local
technologies to address Australia’s unique needs for CER
optimization in the LV network.”
To explore these solutions and to learn more about the LV DERMS
or Distributed Intelligence for Australia, visit Itron in booth #81
at Energy Networks in Adelaide, Australia, from March 19-21,
2024.
About Itron
Itron is a proven global leader in energy, water, smart city,
IIoT 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® 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.
Itron, Inc.
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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
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