News & Events
From software updates to conference announcements, stop by Lumina's News and Events center to stay up-to-date on our company's product offerings and news highlights.
Dr. Max Henrion speaking at ‘A Carbon “Price is Right”’ event
Max Henrion will discuss California's drive to reduce carbon emission at a Global Climate Action Summit Affiliate Event. The panel will discuss carbon pricing - how solutions work, and issues putting them into practice in California. Max will specifically be discussing the carbon dividend and tax solution.
For more information, and to sign up, click here.
Max Henrion awarded 2018 Ramsey Medal for Decision Analysis
The Decision Analysis Society awarded the 2018 Frank Ramsey Medal to Max Henrion, CEO of Lumina and originator of Analytica. The medal is the society’s highest award. It recognizes distinguished contributions to decision analysis, including decision theory, methods, applications, education, and public awareness. The citation mentions the role of Analytica in bringing methods from decision analysis to a wider audience.
Analytica Training in Spanish August 21-23, 2018
Lumina is holding a 3-day Analytica Training in Campbell, CA, August 21-23, 2018 in Spanish. The two-day workshop (with optional third day) will provide concentrated training on how to create and use decision models. It is intended for those who have some experience in building models, perhaps with spreadsheets, and want to expand their skills. Combining high-level training on essential concepts for effective model-building with hands-on training on how to exploit the power of Analytica, this training will serve both new users and those more familiar with Analytica. We invite all our end users who have asked for a training in Spanish to contact us at firstname.lastname@example.org or sign up on our webpage.
Announcing the release of Analytica 5.1!
We are excited to announce that Analytica 5.1 is now available. Our biggest focus for this release was speeding up calculations time; more operations and functions run faster and take advantage of parallel processing. On the lighter side of things, we have added a Blackjack example model implemented entirely in Analytica in the Fun and Games folder!
Read about all of the improvements and additions on our What's new in Analytica 5.1 page.
Max Henrion talks value of optionality at Energy, Utility, and Environment conference
Max Henrion delivered a talk entitled "The Value of Optionality in Deploying Grid Storage" at the 2018 Energy, Utility, and Environment Conference in San Diego, CA. The talk, co-authored with Kim Mullins, used the Puente natural gas plant (NG) versus energy storage system (ESS) comparison performed by CAISO as a case study to explore how changing dynamics in the energy storage market affect the decision to build a natural gas peaker plant or a similarly sized energy storage system. For a fair comparison between systems, including capital and operational costs and revenues, the study uses EPRI's StorageVET (Storage Value Estimation Tool), and find that increasing price volatility and decreasing battery storage costs will favor the ESS, while decreasing natural gas and/or rising and stable electricity prices will tend to favor the NG plant.
Lumina recognized as a top company to watch
The Silicon Review named Lumina Decision Systems one of the top 50 companies to watch in 2017. The article recognizes Lumina's achievements in promoting innovative tools for collaborative decisions, and its work to assist organizations in finding effective paths to a more sustainable world
Lumina welcomes Kimberley Mullins
The Lumina team welcomes Kimberley Mullins, PhD, the latest addition to our consulting team. Kim has extensive experience in risk and lifecycle analysis of energy and agricultural systems. Most recently, she was a postdoc at the University of Minnesota, where she worked on understanding distributed energy resources deployment among rural and municipal electric utilities. Kim has a PhD from Carnegie Mellon, jointly from the Departments of Engineering & Public Policy and Civil & Environmental Engineering, where she investigated life-cycle environmental impacts and supply risks of biofuels. After growing up in Toronto and living in Minneapolis - and hearing about this year’s winter storms - she is enjoying the winter (spring?) weather in the Bay Area!
Lumina at INFORMS 2017 in Houston
Please come and meet us in person at the INFORMS Annual 2017 meeting at the George R. Brown Convention Center, in Houston, Texas Sunday October 22 to Wednesday 25, 2017.
Anyone meeting us at INFORMS or attending one of these talks will receive a free trial of our Optimizer software and a 20% discount on any purchase of Analytica made within 30 days.
Analytica Tutorial by Max Henrion on session SD79, Sunday 22nd, 5.15pm to 6.00pm SD79 in 381B
Tutorial on Environmental Policy and Decision Analysis by Max Henrion in session TC03, Tuesday, October 24, 12:05 to 1.35pm PM in room SD79
Analytica 5.0 Release!
The Lumina team is delighted to announce the release of Analytica 5.0 on October 30th, 2017! This major new release includes literally hundreds of new and improved features.
Award to Panama Canal for saving 160Mt CO2 using Cubeplan
The Panama Canal Authority was recognized by the International Marine Organization (IMO) for reducing greenhouse gas emissions from international shipping by 160 million tons of CO2 over the next decade.