In general, energy infrastructure is a basic but very complex system of elements, interconnections, functional inputs and outputs, which creates the need to break down subsystems, systems, and infrastructure areas. The aim of this chapter is therefore to discuss the possible implementation of approaches to risk assessment and risk management in relation to the application of technical security measures. This chapter of the book will therefore discuss risk analysis methods where the transition from general approaches to risk analysis, through risk identification methods and procedures and the assessment of major industrial and technological risks, to specific risk analysis methodologies for electricity infrastructures, will be presented. An important part of the chapter is also the introduction of practical approaches and methodologies that are accepted as “best practices” in connection with ensuring the technical security of electricity infrastructures.