Palisade is excited to offer this five-part webcast series providing an overview of advanced economic analysis using Microsoft Excel and Palisade DecisionTools Suite. Webcast content and examples will be specifically tailored to electric utilities and other power sector participants. Overview The webcast series progresses from basic to advanced technical concepts in the 1st four sessions, concluding with a final session covering management approaches for building internal analytic capabilities. Example models will be demonstrated to show how the theory is put into practice. Participants will gain a great understanding of the following: • What is Monte Carlo analysis and how is it particularly beneficial for electric utilities? • What types of economic analyses are worth the added complexity of Monte Carlo analysis? • What are best practices for building models that can make full usage of @Risk capabilities? • How do you explain the results and promote adoption of advanced techniques? • What are best practices for introducing and promoting the adoption of advanced methods such as Monte Carlo analysis? • Behavior of fixed and variable utility costs • Impact of non-linearity and price/load correlation • Incorporating fixed cost uncertainty • Estimating reserve requirements • Improving rate design using Monte Carlo simulation