Critical Risk Indicators (CRIs) for the electric power grid: A survey and discussion of interconnected effects
Abstract
Human-natural systems, like the electric power grid, are the complex culmination of interdependent processes. These interdependencies between diverse components in a system can provide profound insights on the health and risk states of the system as a whole, yet there is a dearth of rigorous definition, understanding, and synopsis of indicators of risk for society's most important systems. In this paper, we conduct a survey of risk indicators for the electric power grid, identifying those indicators across a range of domains that must be considered to improve the resiliency of the power grid. We survey and provide methodologies for critical risk indicators in energy, finance, climate, ecology, space weather, hydrology, and agriculture domains. We culminate the survey with a discussion about converging indicators from individual domains to explore systemic risk, i.e., risk arising from interconnection of human-natural systems.
- Publication:
-
AGU Fall Meeting Abstracts
- Pub Date:
- December 2020
- Bibcode:
- 2020AGUFMIN022..01G
- Keywords:
-
- 1630 Impacts of global change;
- GLOBAL CHANGE;
- 1910 Data assimilation;
- integration and fusion;
- INFORMATICS;
- 4333 Disaster risk analysis and assessment;
- NATURAL HAZARDS