These tools help applicants when developing applications for ARENA funding.
Report extract
Why is a technology readiness level required?
The technology readiness level (TRL) index is a globally accepted benchmarking tool for tracking progress and supporting development of a specific technology through the early stages of the technology development chain, from blue sky research (TRL1) to actual system demonstration over the full range of expected conditions (TRL9).
The TRL methodology was developed by Stan Sadin with NASA in 1974. Since then, the process has evolved and is used across a wide range of sectors including renewable energy. An example of this is the ESB and Vattenfall classification system for evaluating the Technology Readiness for Wave Energy Projects. ARENA also uses the TRL index in the Emerging Renewables Program, for example, to help applicants in the early stages of technology development identify the stage of development of their particular innovation.