Why this could be a tough winter for the US electric grid

When the folks who run the grid start to issue warnings about electric reliability, we all best sit up and take notice. They are not doomsayers or advocates for specific technologies, but the technicians who run the regional transmission organizations. They are tasked with the engineering challenge of ensuring that electric supply always … [Read more...]

The Time Has Come to Gauge the Financial Risk of a Major Grid Cyberattack: Lloyd’s

A massive grid cyberattack may sound like the stuff of an apocalyptic movie. But for insurance giant Lloyd’s the prospect carries enough probability to carefully weigh the financial risk. The cost? As much as $1 trillion if hackers take down just 50 generators out of 700 in 15 states within the Eastern Interconnection, according to a study by … [Read more...]