BioProcess TEA Calculator


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  Welcome to the Bioprocess TEA Calculator !


Techno-economic analysis (TEA) connects R&D, engineering, and business. By linking process parameters to financial metrics, it allows businesses to understand the factors controlling the success of their technologies. TEA is useful throughout the technology development lifecycle. When considering new ideas, innovators can use TEA to assess economic feasibility and potential. At the bench scale, scientists can use it to identify the process parameters that have the greatest effect of profitability. During process development, engineers can use TEA to compare the financial impact of different process conditions and configurations. TEA incorporates information from all these stages of development, and provides a basis for making objective decisions. Furthermore, the time and cost needed for techno-economic analysis is small compared to that of running an R&D program. Despite its clear value, many startups and other businesses are slow to incorporate techno-economic analysis. We have developed this model to demonstrate the capabilities of early-stage techno-economic analysis of bioprocesses and to encourage companies to make it a priority in their development plans.



How to Cite this calculator

You are welcome to use our calculator, including screenshots if necessary, in your work. However, please note the terms of our standard disclaimer (below) before doing so.


Lynch, M.D.,"The Bioprocess TEA Calculator: An online techno-economic analysis tool to evaluate the commercial competitiveness of potential bioprocesses" BioRxiv. 2020.

doi: https://doi.org/10.1101/2020.10.08.331272


Calculator Use


The Bioprocess TEA Calculator is freely available for all non-commercial users. If you would like access to the application for commercial use, such as a dedicated calculator for internal use, please contact Michael Lynch michael.lynch@duke.edu .



Acknowledgements


We would like to acknowledge the suppoort that made this Calculator possible, including:


  • The National Science Foundation (NSF): EAGER: 1445726
  • The Defense Advanced Research Projects Agency (DARPA): HR0011-14-C- 0075
  • The Office of Naval Research: (ONR YIP #N00014-16-1-2558)
  • The U.S. Dep. of Energy, Office of Energy Efficiency and Renewable Energy: (DOE EERE grant #EE0007563)
  • Financial Support from DMC Biotechnologies, Inc.

  • Legal Disclaimer


    Analyses saved using the calculator may be used to improve analyses or perform meta-analyses. Additionally, the owners of this website, are not responsible for, and expressly disclaim all liability for, damages of any kind arising out of use, reference to, or reliance on any information, including all results from all calculators, contained within this website. Please make sure that you understand that the information provided here, including the results of calculations, is being provided freely, and that no kind of agreement or contract is created between you and the owners of this site, the owners of the servers upon which it is housed, or anyone else who is in any way connected with this project. In short, the information within this website is presented as is, and you use this site, including its technoeconomic calculators, at your own risk. While we make our best efforts to ensure the accuracy of the calculations performed here, we cannot rule out the possibility of error, and we will not be held liable in the unfortunate circumstance that such an error arises. By using this website, you accept the terms and conditions of this disclaimer.


    Copyright © Michael D. Lynch 2020