A Monte Carlo simulation analysis for the financial health for New Brunswick Power Corporation under various risk factors

New Brunswick Power Corporation (NB power) is required to file a 10 Year Financial Plan to the EUB every year as part of the general rate application; and this plan must include a scenario analysis in order to demonstrate the potential effect on forecasted financial outcomes of reasonable variations in terms of some key factors/variables. The proposed research aims to enrich and improve the ‘what-if’ scenario analysis currently adopted by NB power from two aspects which will benefit the partner organization’s operations and strategy decisions for the next 10 years. (1) exploring and evaluating the possibility of improving the current scenario analysis by identifying extra important variables not included in the current practice; and (2) provide a complete and thorough scenario analysis by Monte Carlo simulation.

Faculty Supervisor:

Donglei Du;Azam Shamsi

Student:

Partner:

NB Power

Discipline:

Business

Sector:

Finance and Insurance; Information and Communications Technology; Technology

University:

University of New Brunswick

Program: