Global risk management consulting company DNV specializes in helping companies in the energy, maritime, healthcare and other industries identify, assess, and manage risks of all kinds.
DNV uses probabilistic modeling with @RISK to illustrate factors affecting the return on investment of energy systems. @RISK is used for a range of applications, including wind and solar feasibility, nuclear waste storage risk, carbon dioxide recycling, offshore drilling operations, and more. For each application, DNV performs sensitivity analysis and generates time-projected ROI curves.
Risk management is a key component in most of the work that DNV does for customers. Risk modeling software is an important part of that work.
DNV’s approach was presented at the 2010 Palisade Risk Conference in Las Vegas.