NET2GRID joins Itron’s ecosystem of distributed intelligence applications
Itron has announced that NET2GRID’s customer engagement and customer intelligence solution is now part of its ecosystem of distributed intelligence applications.
NET2GRID offers artificial intelligence and machine-learning services in energy insights based on disaggregation of energy consumption from smart meter data. NET2GRID claims its app enables customers to understand where their energy is being consumed and provides utilities greater insights into individual appliances and EV charging energy consumption.
The installation of the company’s customer engagement and customer intelligence application in Itron’s distributed intelligence ecosystem is the first step in NET2GRID’s growth plan, according to the company.
In Itron’s ecosystem, the app will be used to analyse smart meter data in near real-time to provide accurate residential load disaggregation and demand predictions.
This will enable consumers to be provided with recommendations on how best to optimise their energy usage at the appliance level.
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Through the distributed intelligence platform, Itron collaborates with innovators to build open, interoperable, value-driven applications to help utilities meet rapidly changing consumer demands and align operations with changing business models that are being shaped by the transition to renewables and the digital trasnformation.
Don Reeves, senior vice president, Outcomes at Itron said: “Living in a fast-paced technology advanced world, utilities must transform quickly to meet the needs of customers.
“Working together with NET2GRID to bring DI applications such as consumer load disaggregation into Itron’s expanding ecosystem allows customers to take their energy consumption management into their own hands. In addition, utilities can engage with their customers regarding their carbon footprint and energy usage. We are excited to collaborate with NET2GRID as we both envision a more sustainable future with EV integration and grid modernization in mind.”
Bert Lutje Berenbroek, CEO of NET2GRID added that joining Itron’s ecosystem will enable his firm to “bring on additional applications in the future.”
Berenbroek added: “Once available, the real-time load disaggregation app can deliver billions of predictions every day and provide behind-the-meter insights on charging EV using solar PV production. Through Itron’s third-party ecosystem and our application development partners, we are accelerating how consumers and utilities can benefit from DI applications and taking advantage of energy insights to optimise grid operations. We’ll be able to offer this capability to utilities and customers at a lower cost and develop applications more rapidly than previously possible.”
