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Don’t Get Caught in the Dark: America’s Electric Grid is Vulnerable

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By Jochen Kost @ Shutterstock.com

Originally posted May 3, 2017.

The Northeast is completely dark in this image taken on the night of the 2003 blackout.

You never know who you’re going to meet. Last week I had a great conversation with a business owner originally from Vermont who’s primary job is to make sure the area around power lines is clear of overgrowth and trees. He reminded me that it doesn’t take much to create a huge problem with the grid. In 2013 at TIME, Bryan Walsh asked if after 10 years, America was any less vulnerable to the type of blackout experienced by the Northeast in 2003. The same question should be posed today.

It wasn’t the tree’s fault — or least, not just the tree’s fault. Nearly 10 years ago, on Aug. 14, 2003, the electricity grid in the U.S. Northeast was stressed close to the limit. This wasn’t unusual; summer is a period of high demand in the Northeast, as air conditioners run overtime to compensate for the heat, and a number of older power plants were already offline for maintenance. As power lines became overloaded, they began sagging because of the high temperatures, until one line south of Cleveland touched an overgrown tree limb and short-circuited. What followed was a cascade of disaster due to a mix of human error and equipment failure, until by 4:10 p.m. E.T. that day more than 50 million people had lost power in parts of Ontario and eight U.S. states. New York City looked like this, and power wasn’t fully restored for two days. At the time it was the second most widespread power blackout in history, after a 1999 disaster in Brazil.

Today the blackout is remembered almost nostalgically, especially in New York. Jittery residents were relieved first to find out that they weren’t victims of a massive terrorist attack (9/11 had happened less than two years before) and then to discover that the power loss wasn’t going to lead to wide-scale looting and crime, as happened during the blackout of 1977. (See this great NPR piece about how the 2003 blackout practically became a civic holiday in New York.) But the blackout was a big deal, leading to at least 11 deaths and costing the economy some $10 billion. More important, the disaster underscored just how rickety our interconnected and jury-rigged electrical grid was — and how vulnerable it could be to disruption, both accidental and malevolent.

Read more about the threat to America’s infrastructure systems here.

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E.J. Smith - Your Survival Guy

Preparing your investments and family for when disaster strikes.
E.J. Smith is the Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention. E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@youngresearch.com. Sign up here to receive all the best content from Richardcyoung.com each week.

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