President issues executive order targeting threats from foreign participation in U.S. bulk-power systems

President Trump today issued an executive order on “securing the United States bulk power system” from foreign threats by setting a process for banning potentially risky foreign suppliers from providing such equipment to U.S. electricity operators.

“[U]nrestricted acquisition or use in the United States of bulk-power system electric equipment designed, developed, manufactured, or supplied by persons owned by, controlled by, or subject to the jurisdiction or direction of foreign adversaries augments the ability of foreign adversaries to create and exploit...