Renewable energy software provider Radial generation has come into possession of Proven Compliance Solutions Inc. (PCS), a consulting firm that helps utilities comply with NERC Reliability Standards, Critical Infrastructure Protection (CIP), and Operations and Planning (O&P) in North America.
“We believe compliance and cybersecurity are critical elements to ensuring the resilience of the electric grid and the future of renewables,” said Kellie Macpherson, executive VP of compliance and risk management at Radian Generation. “PCS brings some of the industry’s most seasoned veterans and serves many influential utilities. Together we can support our customers’ ability to deliver reliable, sustainable and safe power to the electricity grid.”
PCS also brings specialized CIP cybersecurity resources and compliance monitoring activities, including pilot audits and audit support.
“We share a common commitment with Radian Generation to help companies meet their NERC Reliability Compliance obligations so they can focus on optimizing the generation, storage, transmission and distribution of reliable energy. We are seeing rapid additions of renewable energy assets from our customers,” said PCS President & CEO, Crystal Musselman.
According to the International Energy Agency (IEC), global annual renewable energy capacity will increase by almost 50% to almost 510 GW by 2023, marking the fastest growth in two decades. Furthermore, the US Energy Information Administration (EIA) predicts that renewable energy sources will account for 81% of new electricity generation capacity in the US by 2024. This exponential growth is driving demand for new projects, and owners are dealing with a complex landscape of regulatory compliance and cybersecurity. navigate. Radian Generation is now the best equipped company to serve this market.
This latest addition is supported by 424 Capitala capital partner working with companies in the technology and technology-enabled services sectors.
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