Colin Hood, COO,
Scottish & Southern
Energy
 
Perth, U.K. --- (METERING.COM) --- July 22, 2010 - Scottish and Southern Energy has entered into a strategic agreement with Mitsubishi Heavy Industries Ltd and Mitsubishi Power Systems Europe Ltd to cooperate on the development of smart grid and other low carbon energy technologies.

The two companies are working together to become strategic partners in low carbon electricity production and management and in low carbon transport technology. Through the agreement they hope to establish joint development projects, ventures, investments and supply arrangements across a range of technologies. In addition to smart grids, these will include low carbon vehicles, offshore wind farms, carbon capture and storage, and high efficiency power generation.

SSE established a Center of Engineering Excellence in Renewable Energy in partnership with the University of Strathclyde in 2009, with over 300 skilled professional jobs to be created by SSE over three years. The agreement with Mitsubishi will build on this, and is expected to lead to up to 100 additional new, highly skilled, engineering-based jobs being created at the Center.

Employment at the Center is expected to grow further as other suppliers of services and products related to offshore wind energy development and other partners join in locating engineering-related jobs there, and it is expected to reach around 1,000 jobs over the next five years.

“This agreement represents one of the most significant industrial partnerships to be established in Scotland since the heyday of North Sea oil – and low carbon energy represents Scotland’s biggest economic opportunity since then,” said Colin Hood, chief operating officer of SSE. “As the U.K.’s broadest-based energy company, SSE has extensive interests and opportunities in low carbon developments, and our partnership with Mitsubishi should help us to make the most of them.”

Subject to the progress of the agreement, SSE and Mitsubishi intend to focus initially on the deployment of low carbon vehicles and the delivery of renewable energy from offshore sites.