⚡Executive Order on Electric Grid Security
Strengthening the Reliability and Security of the United States Electric Grid
Summary
Executive Order 14262 aims to strengthen the reliability and security of the U.S. electric grid amid rising electricity demands. The order emphasizes the need for comprehensive analysis and streamlined processes by the Department of Energy to ensure grid resilience, particularly during emergencies and periods of high demand. It also highlights the importance of utilizing all available power generation resources.
Agencies
- Executive Office of the President
Business Impact
$$$ - High
The executive order establishes requirements for ensuring the reliability and security of the electric grid, which will affect businesses that rely on electricity. It also leads to potential compliance obligations and may influence energy-related investments, as generation resources deemed critical cannot exit the market easily.