Upcoming Webinar on The Proposed ISO Standard

There will be a webinar hosted by AIChE’s CAST Seminar Series in which the case for the proposed ISO Standard for a methodology for conduction eco-Technoeconomic analyses will be made.

Date: November 26, 2019, 11am EST

Join Link: https://byu.zoom.us/j/629428268

Title: Maximizing Our Impact: A call for the standardization of techno-economic analyses for sustainable energy systems design research

Abstract:

One of the largest engineering challenges of our time is finding technical solutions that permit the use of our energy resources in a sustainable way. To achieve meaningful and positive change, new energy systems must adhere to the triple bottom line of sustainability; new technical solutions must be economically, socio-politically, and environmentally sustainable, such that they can be rapidly adopted and accepted. The engineering literature is full of many technical proposals for new energy systems, but it is challenging to objectively look at them all, see through the hype, and decide which are the best and most promising technologies in which to invest our research and development dollars. That is why we are calling for energy systems researchers to change how they conduct techno-economic analyses through a new standardization framework such that we can much more rapidly understand how each study fits into the bigger picture. In this talk, a call for the development of a new ISO standard will be presented, including the nature of the standard, its potential uses and impacts, and how you can get involved in its development. With this new standard, companies, governments, and researchers will be able to most effectively direct our research, development, capitalization, financing, and investment efforts to make the wisest decisions about how to develop our energy systems across North America and the rest of world.

For more information about the proposed standard, see our Standards page.

 

Thomas A. Adams II

Professor of Chemical Engineering at McMaster University