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ITRI, XEL Team Up to Power DER Management: Will Itron Stock Benefit?
ITRIItron(ITRI) ZACKS·2024-12-20 22:46

Itron, Inc. (ITRI) recently partnered with Xcel Energy (XEL) to address Colorado's evolving energy needs. This collaboration focuses on integrating DERs including residential battery energy storage into the grid to enhance grid flexibility and reliability and meet customer demand. XEL will deploy an Itron’s Aggregator Distributed Energy Resource Management System (DERMS). This technology is part of Itron’s Grid Edge Intelligence portfolio. It is designed to manage the increasing number of distributed energy ...