A power generating system includes an energy source coupled to a DC link through a first power converter and a second power converter to couple the DC link to a power grid. A first controller in the power generating system regulates voltage on the DC link and a second controller regulates a parameter of the energy source. A dynamic parsing controller coupled to the first power converter and the second power converter selectively parses the output signals of the first and second controllers and generates operating commands for the first and second power converters based at least in part on the parsed output signals.