The potential for preventing rare events but high-impact cascading phenomena represent just a few of many new science and technology concepts that are under development. performance after a physical disturbance. The investments so far in advanced metering infrastructure and the coming wave of investment in distribution automation are but the beginning of a multi-decade, multibillion dollar effort to achieve an end-to-end, intelligent, secure, resilient and self-healing system. The power industry in the US is just beginning to adapt to a wider spectrum of risk. Both the number and frequency of annual, weather-caused, major outages have increased since the 1950s. The secure, reliable operation of complex, increasingly interdependent, infrastructure systems such as these is fundamental to our economy, security, and quality of life.