This means, in general, that the utilities will have to recover and resume operations more quickly than their participants in order to enable those participants and the overall market to recover in an orderly way. Many financial institutions are shareholders and board members as well as participants in private-sector utilities.
It will be very important for the management of these utilities and their shareholder-participants to work closely to ensure that the recovery and resumption strategies of both the utilities and the participants meet sound practices and are consistent with one another.