Techno-economic analysis helps answer important questions like:
Is this technology profitable in its current state?
How much do we need to improve to reach our profitability goals?
Which parameters should our R&D program focus on first?
How sensitive are the process economics to market fluctuations?
A good techno-economic model is also a tool for better understanding your technology. It lets you visually explore the relationships between process parameters and economic factors. It integrates everything you currently know about the science, the engineering, and the market.
Chris approaches techno-economic modeling with a software developer’s mindset. His models are user-friendly, modular, and well documented. He is an expert with Microsoft Excel and Visual Basic, and is well versed in using several process simulators. With the techniques, software, resources, and templates that he has developed over 10+ years of practice and study, he is able to quickly and cost-effectively get companies answers to their most important questions.
Burk Engineering offers conceptual engineering and basic engineering design services to help companies speed their technologies along the road to commercialization. Critical milestones in these phases include deciding on a process design, developing progressively more accurate cost estimates, and producing industry-standard engineering documentation to set the stage for moving forward.
Burk Engineering helps companies bridge the gap leading up to detailed engineering and fabrication. There are many EPC firms to choose from, but without sufficient basic engineering, it is almost impossible to make an educated decision. Chris has worked for EPC firms fabricating pilot plants and he has worked with technology companies bidding out projects, so he understands both sides of the equation. He can help you to efficiently navigate this process and to objectively decide on an option that meets your technical and financial goals.