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Energy · head to head

ETAP vs Wood Mackenzie Lens

ETAP logo

ETAP

Energy

Electrical power system design and analysis software

From
$5000/year
Rated
-
Wood Mackenzie Lens logo

Wood Mackenzie Lens

Energy

Subscription research data and analytics covering oil, gas, power, renewables and mining assets

From
On request
Rated
-

The short version

  • Each has a real cost: ETAP no pricing is published, and reaching a figure requires completing a multi step quote form; Wood Mackenzie Lens licensing is per named seat and per dataset, so sharing a login across an analyst team breaches the contract and licensing the team properly multiplies the fee rather than adding to it.
  • They diverge on capability: ETAP covers Load flow analysis, Wood Mackenzie Lens covers Upstream asset data.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which ETAP and Wood Mackenzie Lens actually diverge.

Attributes where ETAP and Wood Mackenzie Lens differ
AttributeETAPWood Mackenzie Lens
Starting price$5000/yearOn request
Pricing modelsubscriptionquote
PlatformsWindows, ApiWeb, API
Founded1986Unknown

Identical on both: free tier (No), user rating (Not yet rated), category (Energy).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in ETAP

  • Load flow analysis
  • Short circuit analysis
  • Arc flash analysis
  • Protective device coordination
  • Harmonics analysis
  • Transient stability
  • Cable sizing
  • Panel schedule design

Only in Wood Mackenzie Lens

  • Upstream asset data
  • Power and renewables
  • Metals and mining
  • Gas and LNG
  • Energy transition scenarios
  • Emissions data
  • Lens Direct
  • Scenario and portfolio tools

What people use each for

The jobs each tool is most often brought in to do.

ETAP

  • Electrical power system modelling, simulation and analysisnot Wood Mackenzie Lens
  • Arc flash, load flow and protection coordination studiesnot Wood Mackenzie Lens

Wood Mackenzie Lens

  • A corporate development team screening acquisition targets against independent asset economicsnot ETAP
  • A lender or investor testing a project sponsor case against third-party cost and production estimatesnot ETAP
  • A strategy team building long-term scenarios that need consistent cross-commodity assumptionsnot ETAP
  • A trading or origination desk that needs asset level supply data pulled into its own models through the APInot ETAP

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

ETAP

  • No pricing is published, and reaching a figure requires completing a multi step quote form
  • Subscription durations offered are 3 years and 5 years, so there is no short commitment option
  • Licences are banded by user count rather than sold individually, in brackets of 1, 5 to 15, 15 to 25, 25 to 50 and over 50
  • National and international network licences are priced separately

Wood Mackenzie Lens

  • Licensing is per named seat and per dataset, so sharing a login across an analyst team breaches the contract and licensing the team properly multiplies the fee rather than adding to it.
  • The content is analyst-modelled rather than operator-reported, so asset economics and reserve figures are estimates and can differ materially from what the owner of the asset publishes.
  • Modules are split by commodity and by region, and a question that spans gas and power, or Americas and EMEA, can require two or three separate subscriptions to answer.
  • Content refresh follows the research publication calendar, so individual asset records can lag a transaction or a project decision by a quarter or more, which matters on live deals.
  • Ownership passed from Verisk to Veritas Capital in 2023, so buyers signing multi-year terms are contracting with a private equity holding whose plans for pricing and packaging are not public.

Pricing, plan by plan

ETAP

$5000/year
  • Standard$5000/year
    • Load flow analysis
    • Short circuit analysis
    • Arc flash analysis
  • Professional$15000/year
    • Advanced analysis
    • Protective device coordination
    • Harmonics analysis
  • Enterprise$undefined/year
    • Real-time monitoring
    • SCADA integration
    • Custom modules

Wood Mackenzie Lens

On request
  • Lens subscription$undefined/year
    • Quoted per dataset and per named user
    • Regional variants of a module are priced as separate subscriptions
    • Lens Direct API access licensed on top of platform access

Which should you pick?

Choose ETAP if

  • You need load flow analysis.
  • You work on Windows, Api.
  • You also want short circuit analysis.

Choose Wood Mackenzie Lens if

  • You need upstream asset data.
  • You work on Web, API.
  • You also want power and renewables.

Questions people ask

Is ETAP or Wood Mackenzie Lens better?
Neither clearly leads. ETAP starts at $5000/year and Wood Mackenzie Lens at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, ETAP or Wood Mackenzie Lens?
ETAP starts at $5000/year and Wood Mackenzie Lens at On request.
Does ETAP or Wood Mackenzie Lens run on more platforms?
ETAP runs on Windows, Api. Wood Mackenzie Lens runs on Web, API.
What is ETAP best used for?
ETAP is most often used for electrical power system modelling, simulation and analysis, arc flash, load flow and protection coordination studies. Of those, electrical power system modelling, simulation and analysis and arc flash, load flow and protection coordination studies are not what Wood Mackenzie Lens is typically brought in for.
What can ETAP do that Wood Mackenzie Lens cannot?
ETAP covers Load flow analysis, Short circuit analysis, Arc flash analysis, Protective device coordination. Wood Mackenzie Lens covers Upstream asset data, Power and renewables, Metals and mining, Gas and LNG.

Answered from the vendors’ own pages

ETAP: How is ETAP priced?

ETAP uses subscription-based pricing with tiered bundles (Launch, Grow, Scale) and optional add-ons. Specific prices are not published and require completing a quote request form.

Source
Wood Mackenzie Lens: Am I buying software or research?

Research. Lens is the delivery platform for Wood Mackenzie analysis, and the analysis is what the price reflects.

ETAP: What products does ETAP offer pricing for?

ETAP offers three main product lines with tiered bundles: CANECO (Electrical Design), ETAP (Power Systems Analysis), and SEE Electrical (Electrical Engineering). Each supports 1-50+ users with 3-5 year term options.

Source
Wood Mackenzie Lens: Who owns Wood Mackenzie?

Veritas Capital, which acquired it from Verisk in 2023.

Wood Mackenzie Lens: Can a team share one licence?

No. Licences are per named user, and sharing breaches the subscription terms.

Wood Mackenzie Lens: Can I get the data into my own models?

Yes, through Lens Direct, which is licensed separately from platform access.

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