Abstract
Improving power network security against cyber-attacks is paramount. The ESSENCE project evaluated the costs and benefits of implementing security standards, focusing in particular on the benefits of enhanced security, specifically in the form of avoidance of blackouts, intended as a non-market good. Drawing on a comprehensive literature review, we defined a mixed-method approach adopted for two distinct case studies: Italy (generation phase) and Poland (transmission network). For household users, we emphasize the rationale behind a stated preference method utilizing a Willingness-to-Accept (WTA) choice experiment. Conversely, for non-household users (industrial sectors), the utility of a production function approach is highlighted for calculating the Value of Lost Load (VOLL) based on macroeconomic data. Reexamining the ESSENCE project in light of recent literature underscores the vital importance of evaluating diverse and comprehensive outage costs in the assessment of power network security.
| Lingua originale | Inglese |
|---|---|
| Titolo della pubblicazione ospite | Cybersecurity and data protection in the electricity sector. State-of-the-art of the literature and evaluation methods |
| Editore | CNR-IRCrES, Consiglio Nazionale delle Ricerche – Istituto di Ricerca sulla Crescita Economica Sostenibile |
| Pagine | 45-52 |
| Numero di pagine | 8 |
| Volume | 24 |
| ISBN (stampa) | 978-88-98193-39-4 |
| DOI | |
| Stato di pubblicazione | Pubblicato - 2025 |
OSS delle Nazioni Unite
Questo processo contribuisce al raggiungimento dei seguenti obiettivi di sviluppo sostenibile
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SDG 9 Imprese, innovazione e infrastrutture
Keywords
- Blackout damage
- production function approach
- willingness-to-accept
- ESSENCE project.
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