A method of modeling electric supply and demand with a data processor in combination with a recordable medium, and for estimating spatial distribution of electric power outages and affected populations. A geographic area is divided into cells to form a matrix. Within the matrix, supply cells are identified as containing electric substations and demand cells are identified as including electricity customers. Demand cells of the matrix are associated with the supply cells as a function of the capacity of each of the supply cells and the proximity and/or electricity demand of each of the demand cells. The method includes estimating a power outage by applying disaster event prediction information to the matrix, and estimating power restoration using the supply and demand cell information of the matrix and standardized and historical restoration information.