DOE: Climate Change Makes Grid Resilience More Critical

by admin on August 13, 2013

 

A new report released by the White House Council of Economic Advisers and the U.S. Department of Energy (DOE) stresses the importance of power grid resilience in the face of increasingly volatile weather brought about by climate change.

According to Electric Light & Power, the report, entitled “Economic Benefits of Increasing Electric Grid Resilience to Weather Outages”, focuses its analysis on the impact of power outages caused by severe weather between 2003 and 2012, finding:

  • Weather-related outages are estimated to have cost the U.S. economy an inflation-adjusted annual average of $18 billion to $33 billion.
  • Roughly 679 power outages, each affecting at least 50,000 customers, occurred due to weather events. The aging nature of the grid — much of which was constructed over a period of more than one hundred years — has made Americans more susceptible to outages caused by severe weather.
  • In 2012, the U.S. suffered eleven billion-dollar weather disasters — the second-most for any year on record, behind only 2011.
  • Since 1980, the U.S. has sustained 144 weather disasters whose damage cost reached or exceeded $1 billion and seven of the ten costliest storms in U.S. history occurred between 2004 and 2012.

 

Read Full Story Here: http://www.elp.com/articles/2013/8/doe-white-house-stress-power-grid-resilience-in-new-report.html

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