We Are One Terrorist Attack Away from A Major Nationwide Blackout: What Should We Do?

15 Pages Posted: 27 Nov 2018

See all articles by Ephram Glass

Ephram Glass

Independent

Victor Glass

Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick

Date Written: November 1, 2018

Abstract

Securing critical infrastructure from sophisticated cyber and physical attacks is a top national priority. As recent attacks on the Ukraine electric grid and Metcalf substation have demonstrated, coordinated and sophisticated attacks are a real threat to the nation’s electric grid. A well-planned and executed physical attack on critical substations can cause widespread blackouts that would last for months. Blackouts of that length would cripple the U.S. economy. This paper reviews government and industry initiatives to improve grid resiliency and shows that the current strategies are not sufficient to protect the nation’s electric grid. The authors propose a plan for reducing the number of critical substations through a combination of government mandates and market incentives to bring power generation closer to customers.

Keywords: risk management, infrastructure, electric grid

Suggested Citation

Glass, Ephram and Glass, Victor, We Are One Terrorist Attack Away from A Major Nationwide Blackout: What Should We Do? (November 1, 2018). Rutgers Business Review, Vol. 3, No. 2, 2018. Available at SSRN: https://ssrn.com/abstract=3289409

Ephram Glass (Contact Author)

Independent

No Address Available

Victor Glass

Rutgers, The State University of New Jersey - Rutgers Business School at Newark & New Brunswick ( email )

1 Washington Park
Newark, NJ 07102
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
45
Abstract Views
233
PlumX Metrics