Cresatech CuTS ZM® Named 2015 UK Energy Innovation Award Finalist

Cresatech CuTS® platform recognized in “Best Safety Innovation Technology” category by distinguished panel of judges
London, UK- April 14, 2015., the industry leader in innovative substation safety at the world’s largest electric utilities, rail and telecommunications providers, announced today that it was named a finalist in the 2015 UK Energy Innovation Awards for “Best Safety Innovation Technology.” The shortlist was released by the Energy Innovation Centre (EIC) earlier this month and winners will be awarded during a ceremony in Manchester on April 30, 2015.

“We are honored to be shortlisted for one of the most competitive categories in the 2015 UK Energy Innovation Awards – Safety”, commented Cresatech CEO Simon Nash. “CuTS ZM is rapidly establishing itself as the technology of choice for utilities in monitoring substation grounding infrastructure. Our technology not only allows rapid resolution of outages due to loss of grounding integrity, but more importantly can prevent otherwise undetected problems becoming potential disasters in the transmission and delivery network. We are excited to see early adoption of CuTS ZM, and its recognition as a developing critical technology for utilities worldwide.”

“The volume and quality of award entries we receive are always good indicators of how well the energy sector is keeping up with the pace of innovation and this year has been particularly encouraging,” said Denise Massey, Managing Director at the Energy Innovation Centre. “I’ve been struck by the number of ideas and technologies being developed within both the national and global SME communities, and also by the contribution of the energy companies and Ofgem in the growth of these SMEs at a time when there is little alternative investment available to them.”
With an exceptionally high number of entries in each of this year’s extended list of 14 categories, entry figures overall are up 43% on 2014.

The shortlist includes over 62 innovative technologies, projects and firms from across the electricity, gas and offshore renewables sectors.
Senior level industry leaders met to judge the submissions this year. The judges included:

• Mark Horsley, CEO of Northern Gas Networks
• John Morea, CEO of Scotia Gas Networks plc
• Denise Massey, Managing Director at the Energy Innovation Centre
• James Stacey, Head of Sustainability at Earth Capital Partners
• Nick Smailes, Lead Technologist at Energy Systems, Innovate UK
• Steve Edwards, Head of Regulation at Wales & West Utilities Ltd

To learn more about these awards, visit UK Energy Innovation Centre website.

About Cresatech

Cresatech CuTS® is a sensing technology that monitors your site infrastructure 24 hours a day. Its active monitoring provides alerts and other information directly to your operations team whenever the monitored infrastructure becomes compromised, whether through theft or damage.
The unique patented technology was sponsored by, and developed in collaboration with the electricity distribution industry as a direct response to the lack of appropriate technology available. As a result, it is the only technology capable of delivering the operational, safety and risk mitigation benefits demanded by the industry. It has been developed as a cost effective solution which is capable of wide deployment across networks.

Catherine Fulton
Business Development
+1 720 441 9936
cfulton@cresatech.com