Techno-economic Analysis

Techno-economic analysis evaluates the technical feasibility and economic viability of a project or technology. It combines engineering insights—such as performance, costs, and resource requirements—with financial assessments like investment, operating expenses, and return on investment. This approach helps determine whether a technology is practical and profitable, guiding decision-makers to optimize performance while ensuring cost-effectiveness. It is widely used in fields like energy, manufacturing, and infrastructure development to inform strategic choices and investment planning.