The implementation of the smart grid raises questions about the security and reliability of the new system. Everything from physical and cyber attacks, to electromagnetic pulse and solar storms all pose potentially serious risks to a smart system. Some of these threats are present inthe current system as well and will require collaborative strategies to ensure the security of theUS bulk power system.The following report outlines the strengths and weaknesses of the current grid and the potential smart grid. It highlights critical risk areas that could be exploited under a smart gridsystem and also analyzes the current grid with respect to these security concerns. It concludes byoutlining key findings and recommendations for the future of the smart grid and the US bulk power system.
KEY FINDINGS AND RECOMMENDATIONS
Information sharing will be critical across the entities responsible for the electricgrid and should remain a priority.-
Reserve and Redundancy
Contingency planning for an emergency should include the capability to replacedamaged equipment.
The field of cyber security should be dealt with from every available perspective.Diplomatic agreements, government coordination, and industry regulation shouldall be used to adapt to this quickly changing field
igh Impact, Low Frequency (
Industry regulators should remain conscious of possible events with grid wideimplications. Although unlikely, these events will have to be dealt withseparately to ensure the security of the power grid.