Energy

Squirrels Among Top Threats to US Power Grid

In late December, electric power service to some 700,000 homes in Ukraine was cut off for several hours in what government authorities claim was a cyberattack by Russia. A piece of malware known as BlackEnergy was recovered from the control system and is believed to be the cause of the outage. The malware was discovered on critical infrastructure systems in the United States late in 2014.

But malware attacks are just one of the threats to the U.S. power grid. A report at the Daily Caller lists seven top threats to the country’s electrical power grid:

  • The Environmental Protection Agency (EPA) is not suspected of inserting malware into the system, but tighter regulation on carbon emissions could remove as much as 81,000 megawatts from the country’s power generation capacity.
  • Terrorism, in the form of damage to power facilities like substations.
  • Cyberattacks, such as those related to the BlackEnergy malware.
  • Solar and wind power requirements put added stress on a grid that has been designed to accommodate conventional sources of power generation. The intermittent nature of electricity generation from solar and wind sources can be difficult to control, as either too much or not enough power reaches the grid to meet consumer demand.
  • Electromagnetic pulses caused by naturally occurring solar activity or a small nuclear weapon. An event like a massive geomagnetic storm that struck earth in 1859 could not only knock out the electrical grid, but take down the Internet and all satellite communications as well.
  • Old infrastructure is not getting any younger, and the cost to rebuild it runs into the trillions of dollars.
  • Squirrels cause more power outages than lightning. The little critters scamper around on power lines, chewing on the wires and electrocuting themselves. They also manage to commit suicide inside other sensitive and expensive equipment.

The Average American Has No Idea How Much Money You Can Make Today (Sponsor)

The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.

But there is good news. To win qualified customers, some accounts are paying almost 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

 

Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

1 https://www.fdic.gov/national-rates-and-rate-caps

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.