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Itron Supports Virtual Power Plants in Australia

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Itron (NASDAQ: ITRI) announced on Oct 28, 2025 that its Low Voltage Distributed Energy Resource Management System (LV DERMS) is supporting Project Jupiter in Western Australia to accelerate large‑scale integration of distributed energy resources (DER) into the South West Interconnected System (SWIS).

The Itron solution remotely manages 100 MWh of DER capacity, enables household and community participation in virtual power plants (VPPs), and incorporates an IEEE 2030.5 Common Smart Inverter Profile‑Australia (CSIP‑Aus) utility server from partner Kitu to register, monitor and control DERs and battery energy storage systems.

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Positive

  • Remotely manages 100 MWh of distributed energy resource capacity
  • Enables VPP participation for households and businesses in the SWIS
  • Includes certified IEEE 2030.5 CSIP‑Aus utility server from Kitu

Negative

  • None.

News Market Reaction 1 Alert

-1.59% News Effect

On the day this news was published, ITRI declined 1.59%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Itron Solution Remotely Manages 100 MWh of Distributed Energy Resource Capacity

LIBERTY LAKE, Wash., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, is supporting Project Jupiter to accelerate the integration of distributed energy resources (DER) using components of Itron’s Low Voltage Distributed Energy Resource Management System (LV DERMS).

A collaboration between Western Power, Synergy, the Australian Energy Market Operator and Energy Policy WA, Project Jupiter is accelerating the integration of DERs, including rooftop solar and customer and community batteries, at scale into Western Australia’s main energy system, the South West Interconnected System (SWIS). This is enabling households and businesses to participate in virtual power plants (VPPs) and the energy transition.

Synergy, Western Australia’s largest electricity generator and a retailer of gas and electricity, is utilizing Itron's LV DERMs solution that includes the IEEE 2030.5 Common Smart Inverter Profile-Australia (CSIP-Aus) utility server from Itron technology partner Kitu. The server registers, monitors and controls DERs, which aims to enhance the integration and management of battery energy storage systems.

“Project Jupiter is exciting because customers will have the choice to join a VPP and unlock greater value from their energy assets. With Itron’s LV DERMS, Synergy will work to test DER compliance so that when DER assets are installed, they can be supported to be registered and orchestrated in a VPP,” said Don Reeves, senior vice president of Outcomes at Itron.

“Our server achieved one of the first certified 2030.5 systems and plays an ongoing part in defining and assuring compliance to emerging standards. This is an exciting project, and we look forward to helping to support VPP participation in Western Australia,” said Rick Kornfeld, president and CEO of Kitu Systems.

About Itron

Itron is transforming how the world manages energy, water and city services. Our trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, we connect people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive. Join us as we create a more resourceful world: www.itron.com.

Itron® and the Itron Logo are registered trademarks of Itron Inc. in the United States and other countries and region. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

For additional information, contact:

Itron, Inc.

Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
PR@Itron.com

Paul Vincent
Vice President, Investor Relations
512-560-1172
Investors@itron.com

Itron, Inc.


FAQ

What did Itron (ITRI) announce on October 28, 2025 about Project Jupiter?

Itron said its LV DERMS will support Project Jupiter to integrate DERs and remotely manage 100 MWh of capacity in Western Australia.

How does Itron’s LV DERMS support virtual power plants for Synergy in 2025?

The LV DERMS registers, monitors and controls DERs and batteries to enable customer and community participation in VPPs.

What role does Kitu play in Itron’s Project Jupiter work referenced on Oct 28, 2025?

Kitu provides an IEEE 2030.5 CSIP‑Aus utility server used to register, monitor and control DERs within Itron’s LV DERMS.

Which grid will benefit from Itron’s solution in Project Jupiter?

Western Australia’s South West Interconnected System (SWIS) is the system targeted for DER integration and VPP participation.

Does Itron’s announcement for Project Jupiter specify financial terms or revenue impact for ITRI?

No financial terms, revenue figures or guidance were disclosed in the announcement.

How will households join a VPP under the Itron‑supported Project Jupiter program?

Households can choose to join a VPP so their rooftop solar or batteries can be registered and orchestrated via the LV DERMS.
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