With the energy sector under significant political and regulatory pressure to transition to renewable energy and make wise drilling decisions, the cost of making optimal decisions has never been higher. With @RISK and PrecisionTree (as part of the DecisionTools Suite), you can:
- Optimize maintenance schedules and asset lifecycles given uncertain demand.
- Calculate the likelihood of success at prospective oil, natural gas, and mineral sites.
- Probabilistically estimate reserves and production decline.
- Forecast load on power grids.
- Simulate risk scenarios regarding renewable energy sources.