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Enhancing the Security of the North American Electric Grid

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  • Congressional Budget Office

Abstract

The electric grid delivers power to about 150 million customers. Although the utility industry has a number of operational and procedural protections that it uses to enhance the security of the electric grid, solar storms, cyberattacks, and other threats could cause widespread, long-lasting disruptions. CBO assesses a range of threats facing the electric grid, examines two illustrative approaches to enhance its security, and highlights some considerations for policymakers.

Suggested Citation

  • Congressional Budget Office, 2020. "Enhancing the Security of the North American Electric Grid," Reports 56083, Congressional Budget Office.
    • Handle: RePEc:cbo:report:56083
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    File URL: https://www.cbo.gov/system/files/2020-03/56083-CBO-electric-grid.pdf
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    More about this item

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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