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Utility computing is a service provisioning model, which will provide adaptive, flexible and simple access to computing resources, enabling a pay-per-use model for computing similar to traditional utilities such as water or electricity. The deployment of a utility com- puting solution involves a full separation between the provider and the consumer. The consumer requires a uniform, secure and reliable functionality to access the utility computing service and the provider requires a scalable, flexible and adaptive infrastructure to provide the service. The solution should be based on standards and allow a gradual deployment in order to obtain a favourable response from the application developers and the information technology staff. Grid technology over- comes such challenges by means of its standard func- tionality for flexible integration of diverse distributed resources. This position paper proposes an innovative solution for utility computing which can be deployed on a Grid infrastructure based on Globus toolkit and Grid- Way components