On 6th July 2017 the partners involved in TRACE WP5 Economics met in Germany at the University of Siegen to work jointly on Modelling and Industrial requirements. Partners from Germany, Austria, Sweden and The Netherlands worked on requirements definition, environmental and quality related issues. Progress updates have been done and the next steps were defined towards the upcoming workshop which will be held in Austria on 19th October 2017 at ams AG’s site in Premstaetten, Austria.