An investment compliance methodology for electric grid companies

Subject. We consider the investment compliance methodology for power grid companies. Objectives. The purpose is to develop a methodology for investment compliance and test it, using the case of a power grid company engaged in investment activities. Methods. The study rests on methods of generalization, systematization, grouping, analysis, working documentation modeling, and planning methods. Results. The developed methodology includes an algorithm for compliance procedures grouped by stage of the life cycle of investment projects, a compliance program, and forms of working documentation. The investment compliance methodology is based on assessment procedures and comparison of information, identification and assessment of the risks of power grid companies, methods of investment analysis and predictive audit. Conclusions. The proposed methodology enables to review the schedule of works according to approved deadlines, to confirm the investment value, and to assess the accuracy of macroeconomic indicators that are chosen as a basis for evaluating the economic efficiency of projects.