Techno-Economic Assessment (TEA) tool

Techno-economic assessment of buildings renovation scenarios

The TEA tool evaluates and simulates renovation scenarios to select the optimum solution by creating a Digital Twin.

It allows users to input data according to each activity during the renovation phases. The output data from the tool is a valuable resource because it grants access to data analysis from 5 different categories:

  • Utility disruption
  • traffic disruption
  • physical space disruption
  • internal environmental disruption
  • waste.  

Disruption to occupants during renovation phases was inevitable; now, the TEA tool allows better communication among occupants, project managers, and contractors by giving different outcomes before the renovation phases begins.

The TEA tool can minimize carbon emissions and energy consumption since different renovation scenarios can be tested before construction to find the optimum solution for materials, envelope, features, MEP, and more.

What we offer 

  • Quick estimation of the renovation project duration and cost (from engineering to procurement and installation)
  • Quick estimation of waste creation and management
  • Quick estimation of tenants and building owners expected disruption due to construction works
  • Starting from a pre-defined set of questions and based on a technology database including relevant information about costs, installation and procurement time, and Construction and Demolition Waste (CDW) generation, the tool can provide a quick overall evaluation of the renovation project, allowing the comparison of multiple renovation scenarios
  • The tool can be used by business development renovation companies, especially construction and installation ones, for promoting renovation to end-users.

Where we can support you 

  • Construction & Real Estate
  • HORECA & Tourism
  • Infrastructures
  • Public Sector

Our experts answer the more frequently questions

What is the purpose of a Techno-economic assessment of building renovation scenarios?

Thanks to the simulation of different renovation scenarios, the TEA tool allows to select the optimum solution by creating a Digital Twin. During the renovation phase, users can input data which result in 5 different categories: utility disruption, traffic disruption, physical space disruption, internal environmental disruption, and waste, which can be analyzed later.

Why can the estimation of user/tenant’s disruption support the Real estate developers market?

Disruption solutions to users/tenants must be supported by the Real Estate developers’ market because we need to build/rent houses in excellent conditions. Furthermore, we need to ensure we are constantly communicating with users/tenants to ask them about the building conditions. If there are some renovations to be done, tools such as the TEA tool can simulate and evaluate different solutions which can then be shared with users to find the optimum solution according to their needs.

Why do we need the TEA tool?

Tools such as the Techno Economic Assessment tool are able to encourage a better communication with users, project team, and contractors. The TEA tool can provide different solutions, evaluating aspects such as disruption but also cost and timing, which can support decision-making during renovation phases. 

Contact us
Enrico Scoditti