Itron and Norgesnett Collaborate on First Grid Edge Computing Deployment in Nordics

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[{"type":"text","content":"Norwegian Utility to Deploy Itron’s Distributed Intelligence-Enabled Smart Meters to Modernize Grid\nLIBERTY 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 96% of new cars registered in Norway in January 2025 were electric. Recognized as Norway’s most efficient power grid company, Norgesnett is an innovator in the Nordic region, proactively minimizing energy loss, delivering safe and reliable electricity to its customers and balancing the grid to prevent power outages. The rapidly evolving challenges of the Norwegian power grid, includes demand growth, and bold sustainability goals, make grid edge DI an ideal solution to help Norgesnett address current grid challenges while increasing operational agility and flexibility. 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...

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