@RISK used by National Grid UK in Electricity Network Restoration Planning

National Grid UK, the electricity transmission system owner for England and Wales and the system operator for all of Great Britain, uses @RISK’s probabilistic modeling techniques to measure network restoration performance in a variety of simulated failure scenarios. In other words, if the system, or part of it, somehow breaks down, the people at the […]

Oil and Gas Companies Rely on @RISK to Evaluate Insurance Structure

In a volatile industry sector, many large oil and gas companies establish their own insurance subsidiary. These entities, called captive insurance companies, help manage the overall group risk. Due to the way in which they manage reserves, the captive can typically afford to retain higher risks than individual operating companies or business units. Alesco Risk […]