Itron signed contract with Network Waitaki in New Zealand, terms not stated
Itron signed a contract with Network Waitaki Limited in New Zealand to implement Itron's Distribution Transformer Monitoring solution. As a part of the contract, NWL will take advantage of Itron's cloud-based Software-as-a-Service applications for the operation of the DTM solution. With the solution, NWL can provide better quality of service to customers and gain more awareness into issues in the distribution network. Providing services predominantly to rural areas, NWL serves nearly 13,000 customers in New Zealand and covers 2,000 km of powerlines. Currently, the utility relies on a SCADA system for operational awareness, but it is limited to high-voltage network equipment. To improve outage management in the low-voltage network, NWL installed eight DTM units in 2016 as a trial and will install additional units in the next few years to implement a fully functional system. The solution provides timely and detailed visibility into the operational state of distribution transformers, enabling NWL to manage transformer performance and lifecycle based on actual operational conditions rather than using estimates and statistical modeling. NWL will be able to pinpoint distribution issues, improve maintenance and extend the lifetime of transformer assets. Taking advantage of Itron's SaaS solution, the utility will also be able to remotely read the system, calculate transformer load, and collect and store data.