Utilities Preparing for Millennium Bug
Electric utility system engineers and consultants indicate their companies will be ready for the “Millennium Bug.” The results of a blind survey of industry representatives attending Information Forecast Inc.`s “Year 2000 for Electric Utilities” conference found that only 1 percent of the representatives polled reported having completed testing and fixing all anticipated problems associated with the year 2000 (Y2K) bug. Only 19 percent say they will have all critical systems certified compliant by Dec. 31, 1998, but 99 percent believe they will be fully compliant by Dec. 31, 1999. The survey shows that nearly 87 percent of responding utilities have a formal Y2K program.
Nearly two-thirds of the 78 company representatives polled were from electric utilities, with the remainder from municipal agencies, support organizations, power pools or independent power producers. Survey findings indicate that 99 percent are working with major vendors and customers to coordinate Y2K efforts; 67 percent are outsourcing a portion of their Y2K effort; 67 percent are putting together a Y2K contingency action plant; 87 percent are putting together a Y2K risk mitigation plan. p