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Analytica by Lumina

Day: July 8, 2024

Helping gas utilities reduce risk with RSE

gas pipes

Learn about the decision-support web application named ANAGRAM (Analytica for Natural Gas Risk Analysis and Management).

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The Units State of America: buying gas by the kilowatt-hour

Why does the USA still use British Thermal Units (BTU) and other archaic units that even the Brits scrapped? Max Henrion argues that international (metric) units would make the clean energy transition easier.

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The value of knowing what you don’t know

Grasp how acknowledging uncertainties in models can boost decision-making and enhance model accuracy in this blog.

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Are cows worse than cars for greenhouse gas?

herd of cows

Turns out that methane from farm animals generates more greenhouse gas emissions than cars, trucks, trains, and planes combined.

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Using Analytica to model farm financial risk

Analytica provides the perfect platform for Agricultural Economists to explore the tradeoff between risk and profit at the farm level.

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How utilities meet renewable portfolio standards

Navigant Consulting created RE-Sim™, an Analytica model, to help TEP plan how to add generating capacity from renewable sources.

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Why big data analytics projects fail and how to fix them

If you are like most practitioners of analytics, you went into the field because you are good with numbers, and you want to help people improve the quality of decisions on…

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Analytica & systems dynamics: interview with Cory Welch

Cory Welch gave a paper on using Analytica at the International System Dynamics Conference on why and how he uses …

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      We hate spam as much as you. We won't share your email with third parties.
      The free edition of Analytica includes these key Analytica features:
      • intuitive visual modeling with influence diagrams
      • the convenience and power of Intelligent Arrays
      • managing risk and uncertainty with fast Monte Carlo
      • sharing models on the web with the Analytica Cloud Platform (ACP)
      Free Analytica has no time limit. The only constraint is it won’t let you create more than 100 variables or other objects. But your model can be quite substantial since each variable can be a multidimensional array. It also lets you explore, change inputs, and run existing models of any size (excluding features unique to the Enterprise or Optimizer editions).
      • Analytica runs on any Windows computer, or on a Macintosh using Parallels or VMWare. ACP runs via any web browser.