Greece Launches Major Smart Grid Modernization Project with Itron Smart Meters

Greece’s Hellenic Electricity Distribution Network Operator (HEDNO) has signed with Itron to upgrade the country’s power grid. The agreement aims to support Greece’s goal of achieving net-zero emissions by 2050.

The project includes managing 7.7 million meters and deploying nearly 1 million NB-IoT smart meters to improve efficiency and energy monitoring. Itron will use its cloud-based Meter Data Management system and integrate Microsoft Azure OpenAI for advanced analytics and predictive maintenance.

The SaaS-based approach should reduce upfront costs for HEDNO while ensuring scalable operations.