Congressional Budget Office Cost Estimate: H.R. 5026, Grid Reliability and Infrastructure Defense Act   [open pdf - 35KB]

From the Summary: "H.R. 5026 would amend existing law regarding the regulation of electric power transmission facilities. Under current law, most of the standards governing the reliability of the bulk-power system are issued by the Electric Reliability Organization (ERO), subject to approval and enforcement by the Federal Energy Regulatory Commission (FERC). This bill would set deadlines for FERC to issue standards regarding the security of computer networks used in electric power transmission (known as cybersecurity) and other risks to the electric power transmission grid, subject to certain conditions. In addition, both FERC and ERO would be directed to ensure that utilities maintain adequate supplies of large electrical transformers and implement measures to protect their systems against geomagnetic storms (incidents involving solar radiation). Other provisions would authorize a new technical assistance program related to grid security and establish terms and procedures for responding to emergencies, protecting information, and identifying strategically important electric facilities."

Public Domain
Retrieved From:
Congressional Budget Office: http://cbo.gov/
Media Type:
Help with citations