Authors: Holmes E. Miller; Kurt J. Engemann
Addresses: Department of Accounting, Business and Economics, Muhlenberg College, Allentown, PA 18104, USA ' Center for Business Continuity and Risk Management, Iona College, New Rochelle, NY 10801, USA
Abstract: Electricity's absence can be disastrous depending upon the extent of the outage. The defining factor that transforms an event from limited scope to catastrophic is that a disruption of the power grid can affect tens of millions of people and may persist for a long time. We discuss the criticality of infrastructure and identify various risks. We discuss possible related strategies and their limitations.
Keywords: electric grid; outages; outage impact; organisational resilience; critical infrastructures; risks; business continuity management; threats; power grid disruption; electricity; risk assessment.
International Journal of Business Continuity and Risk Management, 2015 Vol.6 No.1, pp.1 - 16
Received: 15 Dec 2014
Accepted: 22 Dec 2014
Published online: 02 Jul 2015 *