Case Study: Northern Indiana Public Service Company achieves 30% savings and stronger risk management with Palisade (@RISK, Evolver)

Northern Indiana Public Service Company - Customer Case Study

Northern Indiana Public Service Company (NIPSCO), a NiSource subsidiary, needed to accurately price high‑value customer contracts, forecast power demand, and optimize generation to meet tightening EPA clean‑air standards. To manage these risks and regulatory challenges they adopted Palisade's analytic software — @RISK, Evolver and RISKOptimizer — for pricing, production allocation and compliance modeling.

Palisade's @RISK and RISKOptimizer provided probabilistic pricing and clear risk visuals while Evolver applied evolutionary optimization to plant operations and investment choices; together they identified compliant operating plans that minimized cost. Evolver produced a scenario showing about 30% savings, and @RISK’s outputs (e.g., an ~80% confidence level in outcomes) helped management make faster, better‑informed decisions — with Palisade tools also enabling NIPSCO to model future regulatory scenarios.

Northern Indiana Public Service Company

Mark Rudd

Principal/Regulatory Compliance