And fibers of the security and National Threat concerns. This subcommittee hearing is an hour and 20 minutes. This hearing will come to order. Without objection the chair is authorized to declare a recess at any time, welcome to todays hearing, the future of electricity delivery modernizing and securing our nations electricity grid. I want to thank our witnesses for joining us here today. This is such an important topic. Im a young guy as you can tell but ive read some history, what was like to build the electric grid a century ago. We couldnt of imagine the technologies we use to power our homes and businesses today. The real challenge was extending power itself in every form of our society and there was a challenge that those providing power make money in the cities in well Populated Areas with business and commercial opportunities, with electric the government made a basic deal, we would provide an a monopoly over providing power and a lot of these areas, firms would make a lot of m
All right. This hearing will come to order, without objection the chair is authorized to declare recess at any time. Good afternoon, welcome to todays hearing. The future of electricity delivery, modernizing and securing our nations electricity grid. I want to thank all of our witnesses for joining us here today. This is such an important topic. Im a young guy as you can tell but i have read history about what it was like when we first started building the electric grid over a century ago now. I dont think we could have imagined the technologies that we would use to power or homes and businesses and hospitals and everything today. And i think the challenge is different, you know, back then the real challenge was just extending power itself throughout every corner of our society, and there was a challenge which was that those providing power knew they could make money in the cities in well Populated Areas in places with a lot of business and commercial opportunities, but it was not as p
The, the power is out on the country. Its a black mountain. Like, oh it is. It was, i know the blackouts are serious. We hope they never happened, but they could my boss, the on the, its a blackout house that you over last year. We have for a long time, more and more people in germany, fee of this, alexander holland, housing has noticed. He sells backup generations. Demand has been growing, and not just since the start of the war and ukraine. We had some light. Its like under the state in the past 2 years, this has been increasing steadily. But in the past few months, its going up shop late on the growth of more than a 100 percent. The demand is definitely the compared to the previous year. Its going up by more than 100 percent. And which the a lot of people that are worried about such horace scenarios. So is that the, preparing for a complete collapse, the Electricity Supply via christine tops into all these all into niema. Weve got the dentist, the veterinarian and company. Oh no. So
The power is out on the country. Its a Black Mountain like, oh this, it was a little lock outs. Are serious. We hope they never happen, but they could my boss, the income, the its a blackout. How say you over not you, are you for a long time, more and more people in germany fee of this, Alexander Holland house and that has no fits. He sells backup generations. Demand has been growing. And not just since the start of the war, new crying we get from life. Its why im going to states in the past 2 years. This has been increasing steadily. But in the past few months, its going up shop late on the growth of more than a 100 percent. The demand is definitely that compared to the previous year, its going up by more than 100 percent. And which the who are the people that are worried about such horace scenarios. So we said thats preparing for a complete collapse. The Electricity Supply vehicle has been signed up into yachts is all into nima. Weve got the dentist, the veterinarian and company. I k
That have excellent prospects in political sphere, we have many opportunities, various opportunities, we have a good foundation, there are Russian Companies that work, in particular in the oil and gas sector, our countries play an Important Role in the oil market, this coordination should be based on taking into account the mechanisms of supply and demand, taking into account the interests of investors, producers and consumers, we will discuss these issues, the input of todays meeting tomorrow we will also have a suitable opportunity to discuss these issues, exchange views on energy issues, which of course, is in the attention of many, including the iraqi government, our visit is going through a period when we are observing the implementation of a large. Implementation of a Large Development project that will ensure facilitating trade between asia and europe, will promote integration, transport corridors, i i mean, first of all , the northsouth, this will support and have a positive im