Government Agency to Utilize Itron’s Forecasting Solution for
Electricity Demand in Mexico
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--Dec. 12, 2018--
Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and
cities manage energy and water, will deploy its Forecasting-as-a-Service
outcome offering for the National Energy Control Center (Centro Nacional
de Control de Energía or CENACE) in Mexico to create confidence through
accurate electricity demand forecasts. CENACE operates the national
electricity system in Mexico. Gathering information as far as 14 days
ahead, Itron will deliver hourly demand forecasts to CENACE’s 10
regional control offices.
With 123 million people, Mexico struggles to meet the demand for
electricity in hot seasons when people use air conditioners more
frequently. Now, CENACE will utilize Itron’s Forecasting-as-a-Service
offering for system and model maintenance and monitoring. Itron will
take responsibility for delivery of the forecasting Outcome, which is
all available in a cloud-based solution running on Microsoft®
Azure. With sophisticated algorithms and analytics toolsets, CENACE will
have access through an interactive online portal to new high-resolution
data sets and strong domain expertise.
“The experience, simplicity and precision of the Itron service gives us
confidence,” said Guillermo Choreño, deputy director of operation of the
electric market of CENACE. “With accurate forecasts of the system’s
hourly load, we will be equipped to optimally plan energy resources and
ensure the reliable operation the National Power System of Mexico.”
“As Itron’s first Forecasting-as-a-Service outcome deployment in Latin
America, we are thrilled to provide accurate forecasts to assess the
current and future impacts of customer growth and technology
penetration,” said Emerson Souza, Itron vice president in Latin America.
“With the power and accuracy of our offering, energy retailers will be
able to improve their energy models to address the increasingly
Itron enables utilities and cities to safely, securely and reliably
deliver critical infrastructure services to communities in more than 100
countries. Our portfolio of smart networks, software, services, meters
and sensors helps our customers better manage electricity, gas and water
resources for the people they serve. By working with our customers to
ensure their success, we help improve the quality of life, ensure the
safety and promote the well-being of millions of people around the
globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.
Itron® is a registered trademark of Itron, Inc. All
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usage herein does not suggest or imply any relationship between Itron
and the third party unless expressly stated.
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Source: Itron, Inc.
Senior PR Manager