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Techno-economic assessment
Techno-economic
assessment
or
Techno-economic
analysis
is a
methodology
framework
to
analyze
the
technical
and
economic
performance
of a
process
,
product
or
service
.
TEA
normally
combines
process modeling
,
engineering design
and
economic evaluation
.
Examples
of
applications
of TEA include the
evaluation
of the
economic feasibility
of a
specific
project
, a
forecast
on the
likelihood
of the
deployment
of a
technology
at certain
scale
, or a
comparison
of the economic
merit
of different
technological
options
that provide the same service.
