The Global CO2 Initiative created the below Excel template to help guide new practitioners in performing techno-economic assessments (TEA) in alignment with the Initiative’s guidelines. This template focuses primarily on TEA for early-stage technologies with Technology Readiness Levels of 1 through 6, leading to more of an emphasis on identifying manufacturing cost hotspots rather than generating extremely precise economic indicators. It may require significant adaptation for any particular project, but the resources throughout this site can help with that process.
Here is a video explaining how to use the template.
The Technomics section of Activate’s website also contains models and videos that can help with early-stage cost modeling. Additionally, custom TEA templates for direct air capture (DAC) and mineral carbonation (MC)—developed by researchers at the Worcester Polytechnic Institute—can be found in the Carbon Dioxide Removal section on the Prime Coalition website.
CatCost is another cost estimation resource from the U.S. Department of Energy’s Energy Materials Network. This website offers a customizable spreadsheet as well as a web-based tool for cost estimation of pre-commercial catalysts. The BioProcess TEA Calculator is another online tool for techno-economic modeling of biological processes that includes a series of videos as well as a corresponding journal article.
Below are some videos that discuss various features or case studies of techno-economic assessments. Information or methodologies contained within may provide useful guidance to those looking to conduct these assessments.