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 ...

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 ...

Rising electricity demand from EVs and AI is stressing a grid built of centralized, rotating generators. Renewables can provide fill the rising demand, but are they “grid ...

U.S. energy needs have changed dramatically over the last few decades, and questions are growing as to whether our grid can manage these new demands. Aside from rising temperatures—the National ...

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 ...

Are you an auditor engaged to audit an entity that is less complex? If so, you may wonder why you spend time on the audit evaluating internal control. This may seem like an exercise that is much more ...

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 ...

After several years of sluggish activity, the public markets are showing renewed momentum, from traditional initial public offerings (IPOs) to mergers with special purpose acquisition companies (SPAC) ...

Internal controls are the security policies, procedures and tech that businesses and governments use to help prevent employee theft and financial error. Lack of ...

As a small-business owner, you have to balance the need to maintain adequate internal controls with budgetary constraints. Although an effective internal control system is vital to making sure you ...