Question

Techno-economic analysis deals with identification of the

• A. Supply potential
• B. Demand potential
• C. Export potential
• D. Import potential

Hint:

Techno-economic analysis = Technical feasibility + Economic viability; it mainly evaluates demand potential for business planning.

Answer 1

The Correct Option is B

Step 1: Understanding Techno-Economic Analysis.
Techno-economic analysis (TEA) is a method used to evaluate the technical feasibility and economic viability of a project or process.
It integrates technical parameters (like production capacity, efficiency, and technology choice) with economic parameters (like cost, market potential, and profitability).
Step 2: Focus of TEA.
One of the main purposes of TEA is to identify the demand potential of the proposed product or service.
This means understanding the market need, size, and future demand trends for sustainable decision-making.
Step 3: Elimination of other options.
(A) Supply potential: Deals with production capacity, not TEA’s primary focus.
(C) Export potential: Related to trade analysis, not techno-economic study.
(D) Import potential: Focuses on dependency analysis, not overall feasibility.
Step 4: Conclusion.
Hence, TEA primarily identifies the demand potential of a product or service.