DocumentCode :
1726059
Title :
Towards quantifying the impacts of cyber attacks in the competitive electricity market environment
Author :
Negrete-Pincetic, Matias ; Yoshida, Felipe ; Gross, George
Author_Institution :
Dept. of Electr. & Comput. Eng., Univ. of Illinois at Urbana-Champaign, Urbana, IL, USA
fYear :
2009
Firstpage :
1
Lastpage :
8
Abstract :
We provide in this paper the first steps towards the quantification of the impacts of cyber attacks on the power grid. We present a review of key-issues on cyber security of power systems, and show the main challenges as well as complicating factors. In order to do the quantification, we propose the application of a conceptual four-layer framework that represents the physical, communication/control, market levels of the electricity infrastructure, and a cyber security investment layer. We characterize each layer and discuss the relationship among them. We focus on quantify the impacts that cyber attacks can have on the market layer using the system social welfare as the main metric. We use a small system to illustrate the application of our framework on the evaluation of investment alternatives on cyber security.
Keywords :
power engineering computing; power grids; power markets; power system security; security of data; communication-control level; competitive electricity market environment; conceptual four-layer framework; cyber attacks; cyber security investment layer; physical level; power grid; power systems; system social welfare; Communication industry; Communication system control; Computer security; Electricity supply industry; Environmental economics; Investments; Power generation economics; Power grids; Power system economics; Risk management; Power system economics; cyber security; national security; risk management;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
PowerTech, 2009 IEEE Bucharest
Conference_Location :
Bucharest
Print_ISBN :
978-1-4244-2234-0
Electronic_ISBN :
978-1-4244-2235-7
Type :
conf
DOI :
10.1109/PTC.2009.5282237
Filename :
5282237
Link To Document :
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