Webinars

Join Max Henrion, PhD, CEO of Lumina Decision Systems, and Sam Savage, PhD, Executive Director of ProbabilityManagement.org, as they explain the Risk Spend Efficiency (RSE) framework, how California utilities have been using it, and illustrate RSE with ANAGRAM (Analytica for Natural Gas Risk Analysis and Management).

Some California utilities have been in the headlines for all the wrong reasons, including the 2010 San Bruno gas pipeline explosion that killed 8 people, the 2018 Camp Fire that destroyed the town of Paradise and killed 85, and the 2021 Dominion Pipeline ransomware cyberattack that cut gasoline to the US Northeast. The California Public Utilities Commission requires utilities to quantify risks and use RSE to prioritize mitigations based on how much risk they reduce per dollar invested. In this webinar you will see how California utilities use this framework.

Archived Webinars