Cyber100 Compass: Quantification of Cybersecurity Risks for Systems Transitioning to High Levels of Renewables (Final Report)
The shift to high levels of renewable deployment will entail a significant re-engineering of the grid. As investors, utilities, customers, and others prepare for clean energy transitions, there is need to understand how restructuring the grid to accommodate renewables will change the attack surface of the grid and accompanying cyber risk. However, today the cyber-physical risks associated with electric grids incorporating high levels of renewable deployment remain largely unknown. The Cyber100 Compass proof-of-concept application attempts to quantify future cyber-physical security risks by combining risk data gathered from subject matter experts (SMEs) with input from system planners about conditions they expect to be true about their electric systems in the future. Users provide data about their organization’s tolerance for risk; the value they place on avoiding the consequences of different cyber events; and conditions that they expect to be true on their systems at some point in the future. The SMEs provide baseline probabilities for different cyber events; the probability that an event will be low-, moderate-, or high-impact; and the amount by which user-identified conditions on their systems will change the likelihood of the cyber events. The application takes both the user and SME input and performs a series of Monte Carlo simulations to arrive at a quantification of risk.