Techno-economic Analysis for AgTech

“There is currently no product which offers the flexibility to the user that FloWire™ does, allowing for simple set up and rapid scenario testing.“

~ Director, Research Centre

Lewi was chosen to assess the techno-economic viability of a circular economy technology in AgTech. The project involved converting food and organic waste into biogel and fertiliser using biogel platform technologies at Stony Brook University and UQ, with potential for "hybridising" both systems.

Solution

The FloWire™ platform helped the DOW Centre for Sustainable Engineering Innovation develop standardised models to assess feasibility and scale-up for 4 different plant-wide configurations.

Impact

• Quantified return on investment for investors and communicated the best business case.

• Verified technical feasibility and market competitiveness for scale-up

• Optimised process configuration, feedstocks, and products for commercialisation success.

• Identified bottlenecks for commercialisation and guided process improvements via sensitivity analysis.

• Refined R&D tasks and iteratively improved the process model through TEA (Techno-Economic Analysis).