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Thiel: Early techno-economic models should focus on error bars, not detailed design

Dr. Greg Thiel · Why climate tech startups get this one thing wrong · Oct 31, 2024 · at 45:57

Energy Impact Partners' Dr. Greg Thiel discusses modeling pitfalls in techno-economic analysis (TEA) for early-stage climate tech startups.

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“It's better or it can be helpful just to put error bars and understand the sensitivities on things earlier on and go down the deeper, more detailed design rabbit holes when the higher level stuff is fixed.”

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