PARSG Background

Project Background and Motivation

U.S. Department of Energy, State Energy Program Award

2-year project began in June 2019

Building On and Contributing to Resilience-Related Efforts in NC and U.S.

2023 Duke Energy (DE) Integrated Resource Plan, DE Grid Improvement Plan
NCDEQ Clean Energy Plan & 2023 NC Hazard Mitigation Plan
NARUC, NASEO, U.S. DOE Comprehensive Electricity Planning Task Force (through Feb 2021)

DOE’s Interest

DOE has an interest in developing metrics that can evaluate the societal and economic impact of inflation-adjusted cost of weather-related power outages estimated to be $25 to $70 billion annually in the U.S.