A Practical Guide to Techno-Economic Analysis
- Course ID: ELA355
- Type: eLearning (online) Course
- Language: English
- Skill Level: Advanced
- Duration: 2 hours
- CEUs: 0.20
- PDHs: 2.00
- Accrediting Agencies:
This course introduces the role and practice of Techno-Economic Analysis (TEA) and its connections to process design and economics, and business planning, while discussing issues of capital intensity and process intensity as they relate to conventional and modular chemical processes.
TEA analysis—important at all stages of technology readiness for both developers and investors—combines conceptual process design and production cost estimation to inform technology and business development plans, and position a new technology for early scale-up. It is also important for both developers and investors, though in different ways.
David Humbird is the Owner/Principal at DWH Process Consulting LLC. David has a BS in Chemical Engineering from Texas A&M University, a PhD in Chemical Engineering from the University of California at Berkeley, and is a registered Professional Engineer in Colorado.
He has 20 years of experience in process engineering, techno-economic analysis, and scientific computing, spanning the renewable fuels, petrochemical, and semiconductor industries. His primary background is chemical process simulation, with related experience in conceptual design and front-end engineering activities...Read more
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