POV: Power Breakfast

Power Breakfast for Sept. 14, 2015

Cyber security threats increasing, experts encourage mitigating measures; Natural gas supply outpaces summer power generation

POV: Power Breakfast

A nearly daily round-up of news for your consideration:

  • Cyber attacks on the nation’s energy infrastructure are increasing and a recent study found that “in a 48 month period ending nearly a year ago that 1,131 attacks occurred, with 159 of those successful,” Forbes reports. “Grid operations are being protected by everything from frequent password changes to periodic patches to firewalls and upgrades. But it’s a never-ending battle. Setting priorities by identifying high-value assets and then restricting access is a good start, all while ensuring employees are well-trained and well-vetted.”
  • At a House Committee hearing, cyber security experts said the energy industry “suffers from “inconsistent threat information” and called for updates to the legal framework around cybersecurity information sharing between utilities,” USA Today reports. Educating the cybersecurity workforce, updating aging infrastructure and ensuring adequate backup equipment is in place can help mitigate risks, the experts said.
  • “In Texas, gas was burned to generate 15 percent more electricity in June than a year-earlier and 19 percent more in July than in 2014,” Argus Media reports on ERCOT data. Nationwide, power generators produced 2 percent more electricity this summer than last year, due in part to abundant, low-cost natural gas.
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