“Cyber security” - Backbone for a resilient power sector

Electricity is vital to the functioning of all 21st-century economies, powering essential sectors including the healthcare, finance, and transportation sectors. As a result, ensuring a steady flow of electricity is critical. Decarbonization, with rapid development in variable renewable sources, digitalization, widening the surface for cyber attacks, and climate change, all contributing to an already volatile power sector. As a result, governments, businesses, and other stakeholders will have to change their policies, regulations, and market designs to better ensure the reliability of the nation's electrical supply.