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Ofgem Chief Executive opens new Smarter Grid Solutions HQ in Glasgow

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A new head office for the pioneering smart grid technology company, Smarter Grid Solutions was opened in Glasgow today by Alistair Buchanan CBE Chief Executive of Ofgem. The office is based in Corunna House, Cadogan Street in central Glasgow.

The Glasgow-based company has grown rapidly to become one of the UK’s leading dedicated smart grid technology companies since it was established in 2008. Today, it employs 35+ people, has an office in London and will open another in New York in July.

 Chair, Robert Armour, said: “We’re honoured that Alistair Buchanan has agreed to open our new head office. The company’s growth has been driven by Ofgem’s Low Carbon Networks Fund, which has given us the opportunity to work with four of the UK’s electricity distribution companies to find novel and affordable solutions to help them bring about a low carbon electricity future for consumers.”

The company delivers real-time grid management software to assist energy distribution companies to manage local, regional and national electricity grid congestion issues,– and cope with increasing volumes of low carbon generation and demand. The technology frees up capacity in the existing electricity grid, so that electricity companies can avoid or defer building new grid infrastructure. The result is a faster and cheaper solution to connecting distributed generation, such as wind turbines or small hydro, so that electricity companies can concentrate on building a low carbon electricity system for their customers.

Smarter Grid Solutions will launch the next phase of exciting product development from it’s Glasgow office during the next few months, following new funding from it’s investors in January 2013, with a new office opening in New York in response to the strong interest in it’s technology  from North American power companies.

 

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