Hardware-in-the-loop (HIL) testing involves simulation of power plant behavior using the actual site-specific power plant controls before the commissioning stage. HIL testing can benefit all project ...

Today many companies recognize the desirability as well as the requirement to have an effective system of internal control. Yet, designing and implementing a cost-effective system of internal control ...

Artificial intelligence (AI) is becoming widely adopted across multiple industries, including the critical field of grid operations. The integration of AI into grid systems promises enhanced ...

Internal controls is just another name for those pesky rules that keep your business investment sound and your company safe from liability. A control is any action step or policy designed to ensure a ...

Of all the tools rushed to market to help companies comply with Sarbanes-Oxley Act (SOA) requirements, the potential of those developed by the Enterprise Resource Planning (ERP) vendors themselves is ...

General Electric (GE) and the National Renewable Energy Laboratory (NREL) demonstrated grid-forming technologies in the Type-3 wind turbine, a step in long-term grid modernization efforts as the rapid ...

Every company like to believe that its employees and management are above reproach and would never do something to harm the organization. However, it is also a wise business move to have systems in ...

IMGCAP(1)][IMGCAP(2)]Effective internal controls reasonably prevent material misstatements in financial reporting and fraud, but poor internal controls have hurt businesses, investors and the public ...