electric power grid News

China Poses ‘Alarming’ Threat to US Power Grid, Lawmakers Told

China represents an increasing threat to the US power grid, lawmakers were told Tuesday during a hearing in which they were warned a cyberattack from the nation could plunge military and other sensitive sites into darkness. “The Chinese activities are …

Attacks on U.S. Power Grids Rose to All-Time High in 2022

Attacks on US power grids rose to an all-time high last year, further straining the sprawling and aging network. The number of direct physical attacks, including acts of vandalism and other suspicious activity, that potentially threatened grid reliability rose 77% …

Texas Power Grid Operator Warns of Rolling Blackouts Amid Record Heat

\The operator of Texas’s power grid on Sunday called on state residents for the second time this year to conserve energy, warning of potential rolling blackouts amid predictions for record-high temperatures on Monday. The state faces a “potential reserve capacity …

After Texas Power Failures, South Carolina Gov Wants Winter Storm Review of Grid

South Carolina Gov. Henry McMaster wants the state’s electric providers to review their power grids to see if they could face problems like what happened in Texas during the recent winter storm. McMaster sent a letter Friday to the Office …

Largest U.S. Electric Company On Alert for Cyberattacks

The country’s largest electricity company is on alert for cyberattacks that aim to hamper the critical flow of power and is listening to U.S. intelligence agencies about potential threats, the Duke Energy Corp. executive heading electronic protection efforts said. Duke …

EQECAT Models $260 Mn Windstorm Risk Cat Bond for French Nat’l Power Co.

Oakland-based catastrophe modeling firm EQECAT has provided risk modeling services to Electricité Réseau Distribution France S.A. (ERDF) for the issuance of a €150 million [$216 million] catastrophe bond transferring European windstorm risk to the capital markets. ERDF is the largest …