power grid, important?

Filed in archive Market , Opinion , US on June 4, 2006

What happens when a portion of the power grid takes a strike? Well one of the consequences is a Blackout. Please note that blackouts differ from brownouts. Blackouts are High Impact Low Probability (HILP) events have a significant economic and societal impact and require specific management processes to minimize their potential damaging effect.

This is true because without electricity we one cannot heat or cool our houses, two we cannot operates social infrastructure such as traffic control systems, and three we cannot operate our food supply system.

In the worst case if a blackout lingered we would all essentially be homeless on the streets living in a man eat man or as 'Brendan Fraser' said in the movie "George of the Jungle" man eat dog world.