Itron and Xcel Energy Collaborate to Manage Growing Number of Distributed Energy Resources in Colorado

LIBERTY LAKE, Wash., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for energy providers and cities to manage energy and water, announced today a collaboration with Xcel Energy to manage the growing number of distributed energy resources (DERs) in Colorado, including residential battery energy storage, to support grid flexibility and customer choice. As part of this collaboration, Xcel Energy has contracted with Itron to deploy an Aggregator Distributed Energy Resource Management System (DERMS) from Itron’s Grid Edge Intelligence portfolio to help manage DERs.