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Risk Assessment Consulting


CIP-014-4: A Risk-Based Approach to Substation Physical Security
CIP-014-4 introduces a more structured and technically rigorous framework for evaluating physical security risk at critical transmission facilities. This article explains what changed and how utilities can use the standard to support broader risk-informed security and resilience decisions.
Forward Thinking Solution
11 hours ago9 min read


Data Center Grid Risk: A Risk-Informed Framework for Power Utilities
Data centers are changing more than electricity demand—they are changing the grid's risk profile. This article presents a risk-informed framework for utilities to evaluate large computational loads from hazard identification through system consequence and mitigation.
Forward Thinking Solution
Sep 1213 min read


Power Utility Risk Register Classification: A Practical Framework for Better Decisions
A clear power utility risk register classification framework can help utilities connect enterprise risk with asset management, maintenance, inspection, and investment planning. Power utilities rarely struggle to identify risks. They struggle to organize them. A large utility may have risks associated with transmission assets, substations, distribution equipment, vegetation, wildfire, extreme weather, cybersecurity, workforce, contractors, data, compliance, major projects, sup
Forward Thinking Solution
Sep 59 min read


Data Risk in Power Utilities: When Inaccurate Data Drives the Wrong Decisions
Data risk is the possibility that inaccurate, incomplete, outdated, inconsistent, or poorly understood data will lead to an incorrect decision. It should be assessed by considering both the quality of the dataset and the importance of the decisions that depend on it.
Forward Thinking Solution
Aug 308 min read


Power Utility Risk Register: How to Move from Static Tracking to Dynamic Risk Intelligence
A power utility risk register should do more than document risk. It should help leaders understand what is changing, why it matters, and which actions will reduce exposure most effectively.
Forward Thinking Solution
Apr 66 min read


Key Risk Indicators for Power Utilities: 12 Examples That Turn a Risk Register Into an Early-Warning System
A practical guide to selecting indicators, setting thresholds, and connecting early warning signals to accountable action. Quick answer: A key risk indicator (KRI) is a measurable signal that shows whether a utility's exposure is increasing, approaching a limit, or changing faster than expected. A useful KRI has a defined calculation, data owner, threshold, review frequency, escalation path, and decision tied to the result. Power utilities do not lack data. They often lack
Forward Thinking Solution
Apr 68 min read
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