Payoda Technologies
AI Compliance for Power and Utilities
Pages
4
Time to read
7 mins
Publication
Language
English
Pages
4
Time to read
7 mins
Publication
Language
English
This solution brief outlines a platform designed for continuous compliance in the power and utilities sector, focusing on the management of standards such as IEEE, IEC, NERC, and FERC. It emphasizes the importance of ongoing standards review throughout the decades-long lifecycle of assets, rather than relying solely on project-end reviews. The platform automatically tracks revisions to standards and re-scopes affected asset records in real-time, ensuring compliance is maintained continuously. The document details the continuous compliance loop, which includes the commissioning of assets, their operation over time, and the re-scoping process triggered by standard revisions. It also addresses the challenges posed by the rapid pace of standard changes, particularly in light of renewable energy integration and regulatory requirements. The platform is engineered to provide a defensible audit trail, ensuring that compliance evidence is always current and ready for regulatory scrutiny.