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Risk & uncertainty
From its inception, Analytica was designed to analyze risk and uncertainty — unlike spreadsheet applications which require special add-ins. Analytica’s fully integrated features for sensitivity analysis, scenario analysis and Monte Carlo simulation make it remarkably simple to treat risk and uncertainty in your models. Here are some examples of how organizations are using these methods.
Are cows worse than cars for greenhouse gas?
Turns out that methane from farm animals generates more greenhouse gas emissions than cars, trucks, trains, and planes combined.
Controversy to consensus: offshore oil platforms
Offshore oil in California is highly controversial. But, Lumina’s decision model on decommissioning oil platforms led to consensus for “rigs to reefs”.
Social influences in modeling energy decarbonization
Discover how blending social dynamics with energy models revolutionizes climate policy, offering sustainable, culturally-informed solutions.
US gas leaks much larger than previously estimated
A new Stanford-led study on natural gas leak rates from oil and gas activity across a large fraction of the US are about 3x more than previous government estimates. The…