Techno-economic analysis (TEA) connects R&D, engineering, and business. By linking process parameters
to financial metrics, it allows businesses to understand the factors controlling the success of their
technologies. TEA is useful throughout the technology development lifecycle. When considering new ideas,
innovators can use TEA to assess economic feasibility and potential. At the bench scale, scientists can
use it to identify the process parameters that have the greatest effect of profitability. During process
development, engineers can use TEA to compare the financial impact of different process conditions and
configurations. TEA incorporates information from all these stages of development, and provides a basis
for making objective decisions. Furthermore, the time and cost needed for techno-economic analysis is
small compared to that of running an R&D program. Despite its clear value, many startups and other
businesses are slow to incorporate techno-economic analysis. We have developed this model to demonstrate
the capabilities of early-stage techno-economic analysis of bioprocesses and to encourage companies
to make it a priority in their development plans.
How to Cite this calculator
You are welcome to use our calculator, including screenshots if necessary, in your work.
However, please note the terms of our standard disclaimer (below) before doing so.
Lynch, M.D.,"The Bioprocess TEA Calculator: An online techno-economic analysis tool to evaluate the commercial competitiveness of potential bioprocesses"
Metabolic Engineering. May 2021.
The Bioprocess TEA Calculator is freely available for all non-commercial users. If you would
like access to the application for commercial use, such as a dedicated calculator for internal
use, please contact Michael Lynch email@example.com .
Analyses saved using the calculator may be used to improve analyses or perform meta-analyses. Additionally, the owners of this website, are not responsible for, and expressly disclaim all liability for,
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