Expanding the paradigm of evaluating community benefits in investments in grid resilience utilising a balanced scorecard approach

Jeff Schlegelmilch, Sean Hansen, Ilina Hristova, Qëndresa Krasniqi, Alexandra Potter, Jacqueline Ratner and Antonia Samur
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Jeff Schlegelmilch: National Center for Disaster Preparedness at the Columbia Climate School, USA
Sean Hansen: Staff Associate, National Center for Disaster Preparedness at the Columbia Climate School, USA
Ilina Hristova: Research Assistant, National Center for Disaster Preparedness at the Columbia Climate School, USA
Qëndresa Krasniqi: Staff Associate, National Center for Disaster Preparedness at the Columbia Climate School, USA
Alexandra Potter: Research Assistant, National Center for Disaster Preparedness at the Columbia Climate School, USA
Jacqueline Ratner: Senior Project Manager, National Center for Disaster Preparedness at the Columbia Climate School, USA
Antonia Samur: Senior Staff Associate, National Center for Disaster Preparedness at the Columbia Climate School, USA

Journal of Business Continuity & Emergency Planning, 2025, vol. 18, issue 3, 241-252

Abstract: The electric grid is increasingly a major component in the impact of and recovery from disasters. Ultimately, investments in grid resilience help to sustain the ability of a community to withstand and recover after a disaster by mitigating the effects of widespread power outages and hardening critical infrastructure to better withstand and recover from disasters. This notion of ‘resilience’, however, has generally been more theoretical and aspirational rather than something that can be quantified and ultimately integrated into systems evaluation and decision-making paradigms. This paper describes how on resilience profile and balanced scorecard approaches, an evidence-informed approach towards quantifying resilience across various domains utilising a modified balanced scorecard methodology is presented.

Keywords: grid resilience; disaster resilience; investment; equity; quantifying resilience (search for similar items in EconPapers)
JEL-codes: M1 M10 M12 (search for similar items in EconPapers)
Date: 2025
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