A power generation system that may include a generator having an alternator and an internal combustion engine configured to drive the alternator to generate power. The alternator may convert the mechanical energy created by the engine to electrical energy, such as alternating current. The generator may supply the electrical energy from the alternator to various devices which may be connected with the alternator. The power generation system may further include a load bank. The load bank may include one or more resistive elements, inductive elements, capacitive elements, or combinations of elements. The power generation system may include a cooling system that may remove heat from one or both the internal combustion engine and the load bank. The cooling system may include a liquid that passes through various components of the internal combustion engine to transfer the heat to or from the engine and the load bank.