Leveraging Monte Carlo Simulation to Reduce Gas Portfolio Risk
CenterPoint Energy is a US-based domestic energy delivery company, including electricity and natural gas distribution and energy services operations. Headquartered in Houston, Texas, CenterPoint Energy has 9600 employees and has been providing natural gas to more than 4.5 million customers for 140 years across eight US states.
Leveraging Monte Carlo Simulation in PLEXOS to Reduce Gas Portfolio Risk
CenterPoint Energy is a utility company based in Houston, Texas. They provide natural gas to more than 4.5 million customers and use PLEXOS for forecasting, purchasing, scheduling and administration activities.
In 2021, a cold weather storm rocked the US electric grid. Following the event, CenterPoint Energy re-evaluated their portfolio to reduce daily price exposure.
