This page features guidance documents to help with conducting techno-economic assessments. Most of the information on this site was sourced from the Global CO2 Initiative’s guidelines, and there are different approaches or emphases in other guidance. Many of the resources on this page come from the Techno-Economic Modeling section of the Founder’s Playbook, published by Cyclotron Road.
- Global CO2 Initiative Techno-Economic Assessment & Life Cycle Assessment Guidelines for CO2 Utilization
- This document provides guidance on conducting techno-economic assessments (TEAs) and life cycle assessments (LCAs), with particular emphasis on carbon utilization technologies. Integration of assessment results and reporting are discussed as well.
- Global CO2 Initiative Making Sense of Techno-Economic Assessment & Life Cycle Assessment Studies for CO2 Utilization
- Deriving from the Techno-Economic Assessment & Life Cycle Assessment Guidelines, this report describes how decision-makers can use results from TEA and LCA along with how commissioners of such studies can shape the process.
- Life Cycle and Techno-Economic Assessment Templates for Emerging Carbon Management Technologies
- This article offers background information on carbon management and technology assessment and proceeds to develop Excel-based LCA and TEA templates for various technologies that are also available on the Templates and Videos pages on this site.
- Techonomics from Activate
- This site features a variety of explanatory videos and customizable Excel templates for cost modeling of new technologies.
- Techno-Economic Analysis for Hard-Tech Innovation
- This white paper describes what TEA is, how it is performed, and some current issues and potential solutions with respect to the methodology.
- National Energy Technology Laboratory (NETL) Quality Guidelines for Energy System Studies (QGESS)
- QGESS includes multiple reports that serve as guidance from NETL on a wide variety of energy system cost assessment methods.
- NETL Cost and Performance Metrics for CCUS Technologies
- This report provides various metrics that can be used to evaluate CCUS technologies.
- NETL Capital Cost Scaling Methodology
- This document provides guidance for scaling equipment prices and offers scaling exponents for frequently used pieces of equipment.
- Factorial Techniques Applied in Chemical Plant Cost Estimation
- This report provides a literature review of the primary techniques for capital cost estimation in chemical plants along with useful explanations and references.
- Beth Zotter on “How to Build a Good Cost Model”
- This short slide deck introduces some essential considerations when building cost models related to structure, design, and cost classification.
- ARPA-E Introduction to Cost Modeling, Template Overview for Performers and associated video presentation
- This slide deck and video discuss some of the uses of cost modeling along with how one might structure a cost model.
- Dr. Dev Gavaskar on Techno-economic Modeling for Assessing New Technologies
- This deck explains the basics of techno-economic modeling and demonstrates recommendations with a couple worked examples.
- Towards improved cost evaluation of Carbon Capture and Storage from industry
- This article discusses cost evaluation of CCS in various industrial sectors. It covers topics including cost metrics, energy supply considerations, CO2 transport and storage, and technological maturity.
- Uncertainty analysis in the techno-economic assessment of CO2 capture and storage technologies. Critical review and guidelines for use
- This article extensively reviews pitfalls and methods for uncertainty analysis in TEA.
- Techno-economic assessment of emerging CO2 electrolysis technologies
- This article introduces a framework for evaluating costs related to CO2 electrolysis.
- Adapting Technology Learning Curves for Prospective Techno-Economic and Life Cycle Assessments of Emerging Carbon Capture and Utilization Pathways
- This article describes the concept of technology learning curves, introduces a framework for applying them to costs and emissions CCU technologies, and offers a related case study on CO2 mineralization.