Open-Source Software: Revolutionizing Financial Performance Analysis with TEAL: Bridging Engineering and Economics
Type: Special Notice
Overview

Buyer

ENERGY, DEPARTMENT OFENERGY, DEPARTMENT OFBATTELLE ENERGY ALLIANCE–DOE CNTRIdaho Falls, ID, 83415, USA

NAICS

Other Scientific and Technical Consulting Services (541690)

PSC

SPECIAL STUDIES/ANALYSIS- COST BENEFIT (B505)

Original Source

https://sam.gov/opp/9945186e85c548009879969b450792bd/view
Timeline
    Description

    The Department of Energy is seeking to enhance financial performance analysis through the development of TEAL (Tool for Economic AnaLysis), an open-source software designed to integrate with the RAVEN framework. This initiative aims to revolutionize economic assessments by combining engineering insights with financial metrics, addressing the challenges of accurately evaluating the commercial viability of new technologies, particularly in the nuclear energy sector. TEAL facilitates detailed cash flow creation and offers advanced financial risk metrics, making it suitable for various applications, including integrated energy systems and techno-economic analyses. For further information, interested parties can contact Andrew Rankin at andrew.rankin@inl.gov.

    Point(s) of Contact
    Andrew Rankin
    andrew.rankin@inl.gov
    Files
    No associated files provided.
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