TY - BOOK AU - Burk,Chris TI - Techno-economic modeling for chemical and bioprocess innovations / by SN - 9781394246410 U1 - 660.01511 T26 PY - 2026/// CY - Hoboken, New Jersey : PB - Wiley KW - Chemical engineering KW - Biochemical engineering KW - Biochemical engineering KW - Biotechnological process control KW - Econometric models KW - Biotechnological process monitoring KW - Economic policy--Econometric models N1 - Includes index N2 - "Techno-economic Analysis (TEA) plays an important role in determining which processes and projects are economically competitive and scalable as well as environmentally and socially acceptable. TEA uses analytical modeling to examine how technical and financial parameters influence economic benefit. These parameters span technical, financial and economic benefits. TEA is valuable for assessing economic viability, but a good techno-economic model (TEM) is more than a one-off analysis; it is a tool for understanding design tradeoffs and development risks, and for effectively guiding the development of a technology. For example, TEA sensitivity analyses, like tornado diagrams, can help developers to identify technical opportunities, risks, and areas of uncertainty."-- Provided by publisher ER -