France's electric utility to utilize Itron as main supplier for first
phase of smart grid deployment
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--
Itron, Inc. (NASDAQ:ITRI) announced today that it has been selected by
ERDF (Électricité Réseau Distribution France), electricity distribution
network operator in France and distribution subsidiary of the
Electricité de France Group (EDF), for its Linky smart grid program.
Itron will be a major supplier of Linky smart meters for the first phase
of the program. The Linky project aims to improve the distribution of
electricity in France with an intelligent metering and communications
network. In total, ERDF will replace 35 million meters, meeting the EU
directive for 80 percent of meters to be smart by 2020.
With this contract, Itron will supply from 1.2 million up to 1.6 million
of the Linky smart meters to be deployed by ERDF for the first phase of
the program. Itron will deliver the meters from September 2015 through
the end of 2016. The contract follows the Linky pilot project in which
Itron was a leading participant.
Thanks to the Linky Smart meters, consumers will be able to better
manage their energy consumption and expenses through daily monitoring of
their consumption and billing based on actual consumption instead of
estimate. Remote readings and simple interventions will be easier and
faster, without inconvenience to the customer. The Linky smart meters
play an important role in building a network that can transmit data and
perform remote operations to enable integration of renewables, diverse
tariff implementation and improved outage management. Allowing data to
be exchanged at all times on the electricity network is the principal
objective of project. The intelligent network will optimize ERDF's
energy infrastructure so the utility can reduce peak consumption and
increase energy efficiency.
"The award of the Linky contracts marks an important step for ERDF and
launches the industrial phase of the Linky Program. Its success is based
on ERDF partnership with all involved industrial players. With these
smart meters, ERDF enters the digital revolution and supports the
deployment of smart grids in France," says Bernard Lassus, Director of
ERDF Linky Program.
"Itron is proud that ERDF has selected us for this significant program.
The large volume awarded to Itron is a clear acknowledgement and great
reward for our continuous commitment to delivering quality and high
performing meters," said Mark de Vere White, president of Itron's
electricity business line. "Smart grid technology will play an important
role in helping ERDF improve electricity delivery, so it can operate
more efficiently, save energy and better manage energy resources. We
look forward to working with this visionary utility to realize its smart
grid vision."
About Itron
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, Inc.
Sharelynn Moore, 509-891-3524
Vice
President, Corporate Marketing and Public Affairs
sharelynn.moore@itron.com
Source: Itron, Inc.
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