Grid Modernization Initiative
About the Problem
Much of America’s electrical grid infrastructure is antiquated, aging and increasingly vulnerable to cyberattack.
According to insurer Lloyd's of London, the economic cost of a severe, yet plausible cyber attack against the Northeast U.S. power grid would be $243 billion.
About the Policy
In order to protect the U.S. electric grid from cyber attack and ensure a smart electric grid is deployed across the U.S., develop robust requirements and incentives to enable utilities to meet stringent standards in cybersecurity and digital technologies. The Department of Energy (DOE) should begin a Grid Modernization Initiative that would create new tools, technologies and standards for system control and power flow; grid security and resilience efforts; and risk management processes. These initiatives would be implemented with state agency assistance and DOE would provide financial assistance to states to integrate grid security solutions.
Polling data derived from three national surveys conducted by Cohen Research Group in February and March 2016. Each survey had a sample size of at least 1,000 registered voters with a margin of error of +/- 3.1%
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Do you support this idea? Or do you think there's a better solution? We want to hear from you.