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 ...
In this modern-day industrial revolution of power and energy, efficiency stands firmly in the spotlight of research and development. Highlighting its importance as perhaps the most critical aspect in ...
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 ...
Internal controls encompass all the methods and procedures that an organization adopts to protect its facilities, assets and property. In a broad sense, internal controls make it possible for an ...
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 ...
In this blog post I conclude my exploration of how you should assess your compliance internal controls using the Committee of Sponsoring Organization of the Treadway Organization (COSO), publication ...