Economy of Chain Integration
Themes: Energy, Structural Engineering, Infrastructure & Mobility / Transport
A TRL is a measure to indicate the matureness of a developing technology. When an innovative idea is discovered it is often not directly suitable for application. Usually such novel idea is subjected to further experimentation, testing and prototyping before it can be implemented. The image below shows how to read TRL’s to categorise the innovative ideas.
The process industry is predominantly characterised by economies of scale. With energy and transportation costs rising this business model becomes unsustainable.
Local production networks of modular factories in containers have a small environmental footprint and are agile. Their economic viability depends on their location and the market they serve. A simulation model has been developed to explore the viability of these networks.
Because the model is dynamic and capable of simulating market responses the predictive power of the model is higher than current models used within industry. Uncertainty regarding investments decisions is significantly reduced.
Dr. Telli van der Lei