PÖYRY INSIGHT ARTICLE / 20 Oct 2017
Have we safeguarded our power grids?
Our society today is very dependent on electricity networks. Any significant interruption to electricity supply can have severe economic and social consequences. Hence, power grids are arguable essential for our society and classified as a critical assets that need to be protected. The power grid and conduct risk assessments are therefore crucial for grid owners in order to avoid such incidents.
Complexity requires clarity
Because of the complexity of systems like power grids, the assessments delimitations also need to be clearly defined before starting the process. The delimitation should for example define system boundaries and the assessment's level of detail. These kinds of clarifications will make it possible to obtain a realistic description of the investigated system and the risks and threats it may be exposed to. Furthermore, risk assessments need to be considered with regard to the concept of security and safety. This Insight article views at the importance of risk assessment processes to protect the physical and technological infrastructure from being compromised.
In this Insight article Pöyry Sweden takes a look the security of power grids and reliability of electric supply.