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TRL / CRL / IRL
Scoring
Readiness Levels and Scoring
In a rapidly advancing technological landscape, project sponsors, investors, and developers often find it challenging to accurately gauge the maturity of technology. Combining qualitative analysis with quantitative metrics offers a streamlined assessment methodology for evaluators. The ETV process utilises three "Readiness" scores to provide a comprehensive insight into the technology's maturity. These are:
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TRL - Technology Readiness Level
CRL - Commercialisation Readiness Level
IRL - Impact Readiness Level
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Technology Readiness Levels (TRL)
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Measured on a scale of 1-9, the TRL scores demonstrate the technology's maturity.
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TRL Level 1: technology is still in its concept stage.
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TRL Level 2: technology has been conceptualised with proper scientific and technical research.
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TRL Level 3: technology has been demonstrated via a proof of concept.
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TRL Level 4: technology has a "lab" or "bench" scale demonstration.
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TRL Level 5: technology has been demonstrated at a pilot level.
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TRL Level 6: technology is under demonstration of a large scale, commercial demonstration site.
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TRL Level 7: technology / project is under inactive commissioning.
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TRL Level 8: technology / project is under active commissioning at one or more sites.
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TRL Level 9: technology / project is under operation at one or more sites.
Source: Guidance on Technology Readiness Levels - gov.uk
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Commercialisation Readiness Levels (CRL)
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Measured on a scale of 1-9, the CRL scores demonstrate the technology's commercialisation maturity.
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CRL Level 1: basic understanding of commercialisation model.
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CRL Level 2: good understanding of the markets.
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CRL Level 3: complete commercialisation team in place.
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CRL Level 4: commercialisation and channel partners in place.
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CRL Level 5: supply chain defined in both developed and emerging markets.
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CRL Level 6: ability to issue various guarantees - bank, performance, bid-bonds etc.
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CRL Level 7: complete understanding of capex and unit/lifecycle costs in various operating conditions.
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CRL Level 8: references to commercial contracts available.
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CRL Level 9: ability to offer solution-as-a-service (utility model).
Source: Arkatap
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Impact Readiness Levels (IRL)
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Measured on a scale of 1-9, the IRL scores demonstrate the technology's maturity.
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IRL Level 1: technology solution is in the climate/environmental sector.
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IRL Level 2: solution has the ability to generate livelihood in the local area.
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IRL Level 3: solution can have a demonstrable impact in the local area.
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IRL Level 4: technology is first-of-a-kind in the country.
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IRL Level 5: solution can generate livelihood as well as increase income levels.
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IRL Level 6: solution has a demonstrable impact on the national level.
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IRL Level 7: solution is enables / introduces new economic model globally.
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IRL Level 8: solution is first-of-a-kind globally.
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IRL Level 9: solution has a transformational impact globally.
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NOTE: The IRL scoring presented is for climate and environmental technologies. A different IRL scoring metric is required for other sectors.
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Source: Impactirr