Seconomics - Digital Risk and Cyber Security

Completed

Other Power and Storage Technologies(Electricity transmission and distribution)

Applied Research and Development

PHYSICAL SCIENCES AND MATHEMATICS (Computer Science and Informatics)
ENGINEERING AND TECHNOLOGY (Electrical and Electronic Engineering)

Not Cross-cutting

Project Contact
National Grid Electricity Transmission

Network Innovation Allowance

Ofgem

01 April 2012

01 April 2015

36 months

£3,933,880

Power

London

Network Innovation Allowance

Project Contact, National Grid Electricity Transmission

The purpose of this work is to provide recommendations to the European Regulators of CNI systems in order to the most appropriate regulatory approach to cyber-security in respect of electricity transmission systems. Overview of GB transmission system requirements related to cyber security. GB Transmission System Threat Assessment and Policy framework background. Economic models and analysis of optimal incentive approaches and schemes; policy white paper; raised awareness in the industry, leading towards consensus.

Computers and communication networks are increasingly at the heart of economic growth generally, and are central to exploiting the potential that smarter management of energy network has to offer. Falling costs mean increasing data gathering and transfer from one place to another is becoming cheaper and easier, opening up opportunities to fundamentally change the way the electricity network, in particular, is operated and used. As with most change, increasing our reliance on the internet brings new opportunities but also new threats. While cyberspace fosters open markets and smarter network operation, this very openness can also make us more vulnerable to malicious interference, compromising or damaging our critical data and systems. In the UK, National Grid is not subject to mandatory regulation for cyber-security. European regulators of Critical National Infrastructure (CNI) operators have indicated that regulation in terms of cyber security is being considered. The purpose of this work is to provide recommendations to the European Regulators of regulatory systems that provide the frameworks to ensure the most appropriate approach to cyber-security. SECONOMICS "Socio-Economics meets security" is a collaborative project within the 7th Framework Programme of the European Commission. The Scientific Director is based at the University of Durham, and the project is managed by the University of Trento. The project is examining current and future cyber threats and undertaking economic modelling to examine the behavioural, financial, and operational incentives and drivers for building protection under different possible future policy and regulatory régimes.Note : Project Documents may be available via the ENA Smarter Networks Portal using the Website link above

11/12/18