The Commercial Readiness Index (CRI) is a benchmarking tool developed by the Australian Renewable Energy Agency (ARENA) to assess the commercial maturity of renewable energy technologies and projects. It is designed to guide project proponents and investors in evaluating the commercial viability of renewable energy solutions.
The CRI is intended to be used to measure commercial readiness alongside technological readiness which may be measured using Technology readiness level (TRL).
The CRI rating is a single, overall rating on a scale from 1 to 6, reflecting the current market position of a technology. The levels are: