Prelimenary Study Technology Readiness Level and Techno-economic Analysis of Seaweed-Based Soft Capsule Prototypes

Abstract

Product downstream to be marketable can be seen from the technological and techno-economic readiness level. This research aims to determine the level of technological and techno-economic readiness of the seaweed soft capsule prototype. The method used is to determine TRL (Technology Readiness Level) based on technometers and techno economics by looking at the sensitivity and feasibility of the business. The results show that the readiness level of the seaweed soft capsule prototype technology is at level 7, meaning that it has been scaled up but several parameters in industrial scale scale-up must be improved. For the feasibility techno-economic analysis of the seaweed soft capsule prototype, the Net B/C result was obtained with a value of 1.64. The NPV results obtained were 4,621,393,281, with an IRR of 33%. The payback period is estimated to be 3.01 years. The level of technological readiness and feasibility results show that the development of soft capsule prototypes for downstream commercialization has good prospects, as long as the availability of raw materials is guaranteed.