Itron provides smart meters and wireless communications, along with meter data management software. Itron's smart grid portfolio also includes consulting, project management, and outsourcing. Itron's smart grid equipment and software are installed at hundreds of utilities in the U.S. and Europe. Headquartered near Spokane, WA, the company had revenues of $2.26 billion in 2010.
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With ink barely dry on Itron's purchase of SmartSynch comes word of another big win. What's now known as Itron Cellular Solutions has a master agreement and master pricing with Entergy Corporation, giving it the go-ahead to work on smart grid deployments with Entergy utilities along the Gulf Coast. Find out why it's more than the number of endpoints that make this a big deal.
The IEEE released a global wireless networking standard that enables interoperable communications between certain smart grid devices, including smart meters and smart home appliances. Those involved - including Elster, Itron, Landis+Gyr, NICT and Silver Spring Networks - are calling the new standard a huge leap forward. Find out why, plus get details on two other developments on the standards front.
"Utility customers are demanding more options and this is a combination that just makes sense," said Stephen Johnston, SmartSynch chief executive officer. Listen to more of his discussion of his company's acquisition by Itron.
Itron's acquisition of SmartSynch yesterday changes the rules of engagement in the ongoing smart grid communications wars. With its own flavor of RF mesh networking together with SmartSynch's cellular focus, Itron becomes the first vendor that can say to utility customers "you can have it your way." Click for more from SGN Chief Analyst Jesse Berst on this game-changing development.
You don't have to be at DistribuTECH to stay on top of the news; the PR machine has been spewing out announcements for days now. We've sifted through dozens of releases and pulled out the announcements we didn't think you'd want to miss. Click for details on Itron's new analytic apps to help utilities take advantage of smart grid data, for Opower's new Marketplace service at Home Depot, for the latest from Lockheed Martin, IBM, Honeywell and many others.
Ecuadorian utility Electrica de Guayaquil has completed installation of more than 600,000 smart meters in Guayaquil, Ecuador's largest city. It will be the first of many Latin American installations to come this decade, we predict, as attention shifts away from North America. The system uses Itron meters, communications and meter data management.
The French government announced it will deploy 35 million smart meters throughout the country over the next seven years. Meter maker Itron, which participated in a successful French pilot project that led to the decision, says it's ready to roll if selected for the massive countrywide initiative. Read more on the story inside.
Itron will market its CENTRON II smart meters with Nighthawk's public wireless communications modules inside, giving utilities the ability to use public cellular networks for two-way transmission of critical metering and event information. Click inside for more – and for Jesse Berst's take on this development.
The White House announced a new set of smart grid policy initiatives to build on the work jumpstarted through the Recovery Act, but this round doesn't come with the big bucks we saw in 2009. However it does offer grid-friendly initiatives that Jesse Berst says may be the third tipping point the smart grid so badly needs. Learn why inside.
SGN Chief Analyst Jesse Berst spent some time with Russ Vanos, Itron's Vice President of Marketing, to get a reading on the company's long-term strategy. It's an ambitious regimen that involves major transitions and diversification. Click inside for the details on what Itron has planned.
Itron recently picked up a juicy contract to supply its OpenWay® meters for BC Hydro's Smart Metering Program. Read more to get the details and find out why Jesse Berst thinks it could be the beginnings of a comeback for the Washington state-based company.
Itron Inc. announced today that it has reached an agreement to acquire Asais, an energy information management software and consulting services provider, headquartered in France, for an undisclosed sum. The transaction is expected to be completed in the first quarter of 2011.
The IPSO Alliance, the organization defining the "Internet of Things," today announced that Itron has become a Promoter member of the IPSO Alliance. By working with IPSO, Itron aims to drive and support full end-to-end IP solutions for the smart metering and smart grid markets.
Nighthawk a smart grid solutions company, announces the availability of its new two-way Nighthawk RDM950 module for Itron's CENTRON® II Meter. With the Nighthawk RDM950 on the CENTRON II platform, utilities are in complete control. With this product combination, utilities can quickly and easily perform remote disconnects and reconnects to better manage residential electric service safely and cost-effectively.
Today Smart Grid powerhouses Cisco and Itron announced a strategic alliance to deliver a definitive IP-based communications platform. What does it mean for the rest of us? Jesse Berst offers some insight.
The 100G Datalogging gas ERT module, part of the Itron ChoiceConnect™ suite of data collection systems, will be deployed by Black Hills Energy, allowing daily or hourly collection of customer meter data, offering increased operational efficiency and enhanced levels of customer service through additional accuracy and timeliness of information. Access to frequent meter data will facilitate improvements in bill reconciliations and reduce truck rolls for off-cycle reads.
Itron's OpenWay smart meters got a clean bill of health when an independent consultant verified the accuracy of the company's meters. The Public Utility Commission of Texas asked for the tests after consumer advocates raised questions about the meters collecting bad data leading to higher than expected power bills.
Itron has been selected to deliver an advanced metering system, including head-end and meter data management software and 100,000 smart meters, for the first phase of an ambitious Smart Grid project by Iberdrola, Spain's number one energy group. The initiative could grow to 10 million meters countrywide.
Metering industry leaders are working to ensure interoperability between smart meters, smart home applications and the Smart Grid overall. Current members of the new IDIS Association include Itron, Landis+Gyr and Iskraemeco.
Arcadian Networks, the private wireless communications provider, today announced a new smart grid communications gateway that advances AMI connectivity to its AE11g platform. The FCC-certified AE11gOW device, the latest product in its SMART Grid Gateway® series, takes interoperability to a new level by integrating the Itron OpenWay® cell relay with the Arcadian Networks’ 700 MHz platform. The two companies are currently working toward commercial authorization of the solution.
Itron Inc. (NASDAQ: ITRI) and SmartSynch announced today the commercial availability of IP-enabled public wireless communications as part of the OpenWay smart grid platform from Itron. This will allow utilities to leverage networks like general packet radio service (GPRS) for transmission of all critical metering and event data from their meters’ wide area network (WAN). This guarantees a complete network by complementing coverage in areas where a dedicated local area network has not yet been fully deployed or installed.
Itron Inc. (NASDAQ: ITRI) and Tropos Networks announced today an agreement to jointly develop products for the utility market including an integrated network solution. The joint solution will allow utilities to extend their smart grid foundation into a comprehensive, privately owned broadband network for utility applications. This aligns with the larger goal of the partnership, which is to simplify utility smart grid deployment and management while laying the foundation for additional smart grid applications.
Sequentric Energy Systems, LLC, today announced a Home Area Network (HAN) hub with built-in Itron ERT reading functionality to provide consumers with energy use data and serve as a gateway to the Smart Grid. Available to utilities in volume at $59 per unit, the Sequentric ERT Gateway provides actual kilowatt hour (kWh)energy consumption data from electric meters to utility customers as frequently as every 15 seconds. The ERT Gateway, developed under license from Itron Inc. (NASDAQ:ITRI), is the newest addition to the family of Sequentric HAN products now being manufactured and supplied to electric utilities for their Smart Grid residential energy management, grid reliability and demand response programs.
Data from the recent Pacific Crest Mosaic Smart Grid Survey of industry leaders shows that Itron leads the meter vendor pack, but Silver Spring Networks has serious momentum.
Ambient and Itron have developed an EDC module that gives utilities a way to link their older legacy meter systems to the new advanced communications systems that are an integral component of the Smart Grid.
It has taken a while, but more and more observers are calling the Texas "experiment" with retail competition a success... and even suggesting it may be a model for the rest of the country. Is it?