One potential method of resolving this uncertainty is to create a “techno-economic model” (TEM). A TEM tries to understand what the economics of a technology will look like once the technology is fully implemented at scale. It takes inputs like the price of various feedstocks, the metabolic rates and doubling times of cells, the size of a bioreactor, etc. It outputs metrics like cost per pound of product, and amount of product produced for a period of time.
From Maastricht 2019, Simon Kahan of Biocellion SPC introduces the Cultured Meat Modeling Consortium, an interdisciplinary effort to bring the power of computer modeling to research, development, and optimization efforts within the nascent field of cultured meat (aka clean meat, or cell-based meat)Cultivated meat promises to solve some of the world’s most urgent problems, including feeding ten-billion people by 2050, preserving ocean ecosystems, and reducing animal agriculture’s impact on the climate.Yet, to fulfill this promise requires that the cultivated meat field first develop efficient processes that create desirable products.We believe using computational modeling can accelerate the optimization of both processes and products, enabling the field to mature into an industry years before it otherwise would, while also reducing the cost of that transformation.