Techno-Economic Analysis for New Technology Development | AIChE

Techno-Economic Analysis for New Technology Development

Does your latest innovation make economic sense? Take this webinar to discover a valuable tool to guide your decision making.

Learn how to answer important questions before you invest in new technology, including: Is this technology profitable in its current state? If not, how much does it need to improve? In what ways? Which parameters should your R&D program focus on first? How sensitive are the process economics to market fluctuation? Explore how a good techno-economic model can help you understand your technology, efficiently explore the relationships between process parameters and financial metrics, and offer a basis for making objective decisions. Discover how to integrate and leverage process engineering techniques you’re already familiar with—such as process modeling, equipment sizing and economic calculations—into a single, holistic spreadsheet model. This webinar also offers new insight into sensitivity analyses, like tornado diagrams and Monte Carlo analyses, to direct your R&D and identify risks.

 

Presenter


Webinar content is available with the kind permission of the author(s) solely for the purpose of furthering AIChE’s & IChemE’s mission to educate, inform and improve the practice of professional chemical engineering. The content reflects the views, opinions, and recommendations of the presenters. AIChE does not warrant or represent, expressly or by implication, the correctness or accuracy of the content of the information presented. All other uses are forbidden without the express consent of the author(s). For permission to re-use, please contact chemepermissions@aiche.org. Attendee contact information, including email addresses, will be shared with AIChE and IChemE, with the option to unsubscribe from future communications.

Once the content has been viewed and you have attested to it, you will be able to download and print a certificate for PDH credits. If you have already viewed this content, please click here to login.
  • AIChE Member Credits - 1
  • AIChE Pro Members - $76.00
  • AIChE Graduate Student Members - Free
  • AIChE Undergraduate Student Members - Free
  • AIChE Explorer Members - $109.00
  • Non-Members - $109.00
Do you already own this? Log In for instructions on accessing this content.
  • Source:
    AIChE
  • Language:
    English
  • Skill Level:
    Intermediate
  • Duration:
    1 hour
  • PDHs:
    1.00