Techno-Economic Analysis

Overview Techno-economic analysis (TEA) is a critical tool in separation process development. TEA calculates the separation costs using a process model and an economic model. The former solves mass and energy balances, and the latter estimates capital and operating costs and the overall separation and production costs. TEA quantifies the impacts that R&D breakthroughs and discoveries have on the economic viability of an integrated process. TEA is a highly supportive research tool that can identify drivers and metrics to reduce the overall costs, as well as outline the lowest cost potential of an integrated system. The material and energy flows from the process model will be the foreground life cycle inventory inputs for LCA.
National Laboratories National Renewable Energy Laboratory (NREL)
Pacific Northwest National Laboratory (PNNL)
Additional Information None