02 - Techno- Economic Modeling (34)
01 - Content - Cost Modeling (10)
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How to build a good cost model
1 Min. Read
This presentation by Beth Zotter provides guidelines on how to create a functionl, useful, and informative cost model. The presentation includes tips to make your cost model accessible, and easy to follow, while contextualizing how it can inform your decision making process as an entrepreneur.
Credit: Beth Zotter
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Chiang Boas - Beyond the Back of the Envelope
1 Min. Read
This presentation by MIT Professor Yet-Ming Chiang and Ryan Boas, both affiliated with 24M, highlights the importance of shifting from thinking purely about technology to using a robust cost modelto tune the direction of your R&D when commercializing technology for impact. The presentation walks through the elements of a good cost model and argues that this approach will help avoid the 4 pitfalls of developing a technology without a guiding model.
Credit: Prof. Yet-Ming Chiang Ryan Boas
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ARPAE University - Cost Modeling
3 Min. Read
This ARPA-E University cost modeling presentation provides a structure by which to think through the process of analyzing and modeling cost and introduces how to use the attached spreadsheet template.
Credit: ARPA-E University
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ARPAE University - Cost Modeling
15 Min. Read
This edition of ARPA-E University contains helpful advice for performers on an introduction to cost modeling and templates.The video provides a structure by which to think through the process of analyzing and modeling cost and introduces how to use the attached spreadsheet template.
Credit: ARPA-E University
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True North Venture Partners - Cost Modeling & Capital Efficient Scaleup
1 Min. Read
This deck by Dev Gavaskar, Techno-Economic Modeling Principal at True North Venture Partners, provides an overview of the value of techno-economic modeling as a tool in quantitatively understanding whether a technology can be scaled up to be profitable, and what risk factors need to be addressed on the path to get there. These metrics include sensitivity, scale, applicable markets, and cost extremes. The presentation includes some in depth examples, including one on assessing a new chemical process technology, and another on determining an optimal factory flow process using this framework.
Credit: Dev Gavaskar, PhD
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Lazard - Levelized Cost of Energy Storage - Dec 2016
34 Min. Read
This study done in collaboration between Lazard and Enovation Partners provides a framework to quanitify the levelized cost of electricity (LCOE) of energy storage.
Credit: Lazard
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Pinkowski Cassady - Electrochemical Technoeconomic Modeling
1 Min. Read
This resource by Nico Pinkowski and Sean Cassady provides a brief overview of techno-economic modeling (TEM) for electrochemical systems, to help assess their economic viability of certain electrochemical processes.The document takes you from thermodynamic analysis, stoichiometric and flow rate modeling through electrochemical reactor modeling, generating system level schematics and costing, and finally ends by synthesizing the analysis to conclude on the feasibility of the technology in question.
Credit: Nico Pinkowski Sean Cassady
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IHS MarkIt Chemical Economics Handbook
2 Min. Read
This collection of IHS MarkIt Chemical Economics Studies goes into great depth on working with specific chemicals, buyers, sellers, market forces, and worldwide trends - with a comprehensive list of over 80 resources.
Credit: Dev Gavaskar, Ph.D.
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Lazard 2018 Updated Levelized Cost of Energy
16 Min. Read
This study is Lazard's 2018 LCOE analysis, an incredibly solid overview and in-depth analysis for climate factor modeling in a variety of industries.
Credit: Lazard
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Introduction to Technoeconomic Analysis - Beth Zotter
1 Min. Read
This presentation by Beth Zotter provides an introduction to technoeconomic analysis and points the reader to other TEA resources from Cyclotron Road. As mentioned in the slides, not many journal papers provide a TEA analysis. An example of one is: https://www.cell.com/joule/fulltext/S2542-4351(17)30073-9
Credit: Beth Zotter
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02 - Examples - Curated Cost Models (18)
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Argonne - BatPaC - Li ion EV battery pack cost model
38 Min. Read
This paper provides a bottom up framework to assess and quantify the design and cost of Lithium ion batteries.
Credit: Argonne National Laboratory
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Argonne - BatPaC - Li ion EV battery pack cost model documentation
106 Min. Read
This ARPA-E Universisty cost modeling paper provides a structure by which to think through the process of analyzing and modeling cost and introduces how to use the attached spreadsheet template.
Credit: Argonne National Laboratory
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Argonne GREET model 2014
1 Min. Read
Sponsored by the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy (EERE), Argonne National Lab has developed a full life-cycle model called GREET (Greenhouse gases, Regulated Emissions, and Energy use in Transportation). It allows researchers and analysts to evaluate various vehicle and fuel combinations on a full fuel-cycle/vehicle-cycle basis.
Credit: Argonne GREET Model
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UC Berkeley - Semiconductor Manufacturing Wafer Cost Model
1 Min. Read
This detailed spreadsheet provides a template to model the cost of producing microfab wafers.
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MIT Solar PV Manufacturing Cost Model
1 Min. Read
This model by Doug Powell at the MIT Photovoltaic Research Lab provides structure to assess the cost of producing solar photovoltaics, highlighting capital expenditure and ways to reduce it.
Credit: MIT PV Research Lab
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MIT - Solar PV Manufacturing Cost Documentation
1 Min. Read
This paper by Doug Powell at the MIT Photovoltaic Research Lab describes a model to assess the cost of producing solar photovoltaics, highlighting capital expenditure and ways to reduce it.
Credit: MIT PV Research Lab
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Iowa State - Corn Ethanol Plant Model
1 Min. Read
This spreadsheet from Iowa State University provides a mdoel and framework to track the profitability of core ethanol production, based on the variability of corn production and price, and processing costs.
Credit: Iowa State University
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Lawes - Cost Estimate for MEMS
1 Min. Read
This paper by R.A. Lawes examines the costs of layer deposition of principal high aspect ratio micromachining techniques used in microsystems/ MEMS fabrication, particularly silicon surface micromachining, wet bulk etching, wafer bonding, and other methods using cost model COST-MEMS. Factor explored include: increases in the wafer size, decreases in chip area, and the effect of shipping costs on overall expense.
Credit: [R. A. Lawes] (http://www.imperial.ac.uk/electrical-engineering)
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LED Manufacturing Cost Model (LEDCOM)
1 Min. Read
The Modular LED Cost Model (LEDCOM) provides a method for analyzing the manufacturing costs of an LED package.
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NREL - Biorefinery Economic Model Documentation
127 Min. Read
This paper by the National Renewable Energy Lab (NREL) details a technoeconomic model that describes the costs of ethanol production to monitor competitiveness and market potential.
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NREL - Biorefinery Economic Model
1 Min. Read
This spreadsheet by the National Renewable Energy Lab (NREL) details a technoeconomic model that describes the costs of ethanol production to monitor competitiveness and market potential.
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NREL - Corn Stover to Ethanol Model
1 Min. Read
This spreadsheet models the cost of product of ethanol from corn based on various factors including capital and operation costs of equipment and material.
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Sandia - Tidal Energy Reference Model
1 Min. Read
This spreadsheet, created by Mirko Previsic at Re Vision LLC for Sandia National Laboratory provides the background and details of the cost and economic assessment of the Tidal Current Device.
Credit: Mirko Previsic
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Sandia - Wave Energy Reference Model
14 Min. Read
This spreadsheet, created by Mirko Previsic at Re Vision LLC for Sandia National Laboratory provides the background and details of the cost and economic assessment of the Wave Energy Device.
Credit: Mirko Previsic
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Riboflavin Demo Model - Burk Engineerings
1 Min. Read
This spreadsheet, created by Burk Engineering LLC, provides the framework to model and understand Riboflavin fermentation using input capital and operating costs, in addition to a process model.
Credit: Burk Engineering LLC
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Update on the Cost of Nuclear Power - 2009 - Du Parsons
1 Min. Read
This 2009 paper by Yangbo Du and John E. Parsons under the Center for Energy and Environmental Policy Research at MIT provides an updated look at the cost of nuclear power from an initial paper in 2003. The paper examines more recent plant builds in Japan and Korea, providing an updated leveled cost of electricity from nuclear power.
Credit: Center for Energy and Environmental Policy Research (CEEPR)
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Update on Cost of Nuclear Power - 2009 - Du Parsons
1 Min. Read
This spreadsheet accompanies the 2009 paper on the updated cost of nuclear power by Yangbo Du and John E. Parsons and provides the modeling behind the leveled cost of electricity calculations in the paper.
Credit: Center for Energy and Environmental Policy Research (CEEPR)
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ULSAB Vehicles Cost Model
1 Min. Read
This spreadsheet model, created by Camanoe Associates in association with IBIS Associates and the MIT Material System Laboratory, breaks down the cost of production of a vehicle body. It is a part of the Ultralight Steel Auto Body (ULSAB) Programme which successfully used this modeling to generate a lighter, but equally safe car structure design.
Credit: Rich Roth
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03 - Sector Specific Modeling (6)
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Steel Decarbonization in Context
2 Min. Read
General market and economic report on steel trends in the 21st century.
Credit: Rebecca Walsh Dell, AGCI
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Simple cost-performance model
1 Min. Read
Example of simple technoeconomic model. TEA videos for this model can be found here: https://sites.google.com/cyclotronroad.org/techonomics/model-building?authuser=0
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Simple manufacturing cost model
1 Min. Read
Example of simple technoeconomic model. TEA videos for this model can be found here: https://sites.google.com/cyclotronroad.org/techonomics/model-building?authuser=0
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Chemical production cost model
1 Min. Read
Example of simple technoeconomic model. TEA videos for this model can be found here: https://sites.google.com/cyclotronroad.org/techonomics/model-building?authuser=0
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Fermentation production cost model
1 Min. Read
Example of simple technoeconomic model. TEA videos for this model can be found here: https://sites.google.com/cyclotronroad.org/techonomics/model-building?authuser=0
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Hydrogen manufacturing cost model
33 Min. Read
Example of technoeconomic modeling for hydrogen production.
Credit: Ahmad Mayyas, Mark Ruth, Bryan Pivovar, Guido Bender and Keith Wipke, NREL
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