LIBERTY LAKE, WASH.--(BUSINESS WIRE)--
Itron, Inc. (NASDAQ: ITRI), a world-leading technology and services company dedicated to the resourceful use of energy and water, has signed a contract with NorthWestern Energy (NWE) to modernize its electric and gas systems in South Dakota and Nebraska with Itron’s OpenWay Riva IoT solution.
NWE provides electricity and natural gas in the Upper Midwest and Northwest, serving approximately 718,300 customers in Montana, South Dakota and Nebraska. With the solution, NWE aims to reduce operating costs while improving service to customers and laying the foundation for future smart grid applications in South Dakota and Nebraska.
“We have been making significant investments in technology across the company and I’m very confident that our investment in advanced metering will help us provide even better service reliability to our customers in South Dakota and Nebraska,” said Curt Pohl, vice president, Distribution at NorthWestern Energy. “Itron’s OpenWay Riva solution will help us advance this mission by modernizing our energy infrastructure and enabling advanced functionality.”
NWE will benefit from OpenWay Riva’s secure, resilient multi-application network infrastructure and technology platform that features distributed computing power at every level of the network, including in every electric and gas meter. This enables real-time analysis of data and secured peer-to-peer communication among meters and intelligent devices within the network to manage rapidly changing electric grid conditions and ensure the safe delivery of gas. The solution also features adaptive communications technology to deliver high-performance communications with reliable connectivity in all types of service environments.
These capabilities will enable NWE to operate its system more efficiently and reliably as well as deliver new services and value to its customers. In addition to smart metering, the utility has the option to push various applications to edge devices, including revenue assurance and theft detection; outage management; high impedance detection and other safety diagnostics; transformer load management; demand response; and management of distributed generation at the sub-transformer level.
“Itron is enabling NorthWestern Energy to better serve its customers and communities, drive down costs and deliver new services and revenue opportunities,” said Mark de Vere White, president of Itron’s Electricity business line. “We have worked with NWE for many years and look forward to helping transform NWE's operations and create the foundation for a smarter energy future with OpenWay Riva.”
Itron is a world-leading technology and services company dedicated to the resourceful use of energy and water. We provide comprehensive solutions that measure, manage and analyze energy and water. Our broad product portfolio includes electricity, gas, water and thermal energy measurement devices and control technology; communications systems; software; as well as managed and consulting services. With thousands of employees supporting nearly 8,000 customers in more than 100 countries, Itron applies knowledge and technology to better manage energy and water resources. Together, we can create a more resourceful world. Join us: www.itron.com.
Itron® and OpenWay® are registered trademarks 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.
Copyright Business Wire 2018