. . "0"^^ . . "0"^^ . "1"^^ . . "Navrhovan\u00FD projekt je zam\u011B\u0159en na ov\u011B\u0159en\u00ED vyu\u017Eit\u00ED metodologie re\u00E1ln\u00FDch opc\u00ED p\u0159i finan\u010Dn\u00EDm \u0159\u00EDzen\u00ED a rozhodov\u00E1n\u00ED v odv\u011Btv\u00ED energetiky \u010Cesk\u00E9 republiky. V r\u00E1mci jeho \u0159e\u0161en\u00ED je aplikov\u00E1na studovan\u00E1 metodologie p\u0159i \u0159e\u0161en\u00ED \u00FAloh rozhodovac\u00EDho a oce\u0148ovac\u00EDho typu atedy \u00FAloh typick\u00FDch ve finan\u010Dn\u00EDm rozhodov\u00E1n\u00ED. Mo\u017Enosti budouc\u00EDch z\u00E1sah\u016F do ji\u017E zah\u00E1jen\u00FDch projekt\u016F jsou form\u00E1ln\u011B modelov\u00E1ny jako kupn\u00ED a prodejn\u00ED opce, kter\u00E9 mohou b\u00FDt za ur\u010Dit\u00FDch podm\u00EDnek uplatn\u011Bny (nap\u0159. mo\u017Enosti budouc\u00EDho roz\u0161\u00ED\u0159en\u00ED projektu JE Temel\u00EDn, mo\u017Enost t\u011B\u017Eby metanu nam\u00EDsto uhl\u00ED v lokalit\u011B Fren\u0161t\u00E1t atd.). Pro kvantifikaci t\u011Bchto budouc\u00EDch mo\u017Enost\u00ED lze vyu\u017E\u00EDt standardn\u00ED analytick\u00E9 a numerick\u00E9 metody a modely pro oce\u0148ov\u00E1n\u00ED opc\u00ED finan\u010Dn\u00EDch. Metodologie re\u00E1ln\u00FDch opc\u00ED umo\u017E\u0148uje tyto budouc\u00ED mo\u017Enosti a p\u0159\u00EDle\u017Eitosti definovat, kvantifikovat a zahrnout do rozhodovac\u00EDho procesu. Jsou zkoum\u00E1ny jednak podm\u00EDnky a mo\u017Enosti vyu\u017Eit\u00ED metodologie v podm\u00EDnk\u00E1ch \u010Cesk\u00E9 republiky, a takt\u00E9\u017E je tento p\u0159\u00EDstup pou\u017Eit na vybran\u00FDch projektech a aplikac\u00EDch." . . . . . . "http://www.isvav.cz/projectDetail.do?rowId=GP402/07/P121"^^ . " underlying asset" . "2015-01-22+01:00"^^ . . "2007-01-01+01:00"^^ . . . "15"^^ . . "15"^^ . "2009-04-22+02:00"^^ . " energy sector" . "2009-12-31+01:00"^^ . " payoff function" . . . "Project is focused on verifying of applicability of real option methodology for decision making in the energy sector of the Czech Republic. Methodology is applied for problems solving of both valuing and decision - making type, i.e. problems typical for financial management. Possibilities of the future interventions into already started projects are modelled as call and put options, which can be exercised under pre-specified conditions (for example to expand the project of Nuclear Power Plant Temel\u00EDn, switch option from coal to gas mining in Fren\u0161t\u00E1t etc.). For quantification of these future possibilities and actions, standard analytical and numerical methods and models for financial options valuation can be used. Real options methodology enables these options define, quantify and comprise into decision - making process of a firm. Conditions and application possibilities in the Czech Republic are verified."@en . " intrinsic value" . "Hlavn\u00EDm c\u00EDlem projektu byla anal\u00FDza mo\u017Enost\u00ED a aplikace souboru metodologi\u00ED re\u00E1ln\u00FDch opc\u00ED na vybran\u00E9 projekty v odv\u011Btv\u00ED energetiky v podm\u00EDnk\u00E1ch \u010CR. V\u00FDsledky m\u011Bly b\u00FDt publikov\u00E1ny pr\u016Fb\u011B\u017En\u011B. C\u00EDle byly spln\u011Bny, s nadpr\u016Fm\u011Brn\u00FDm mno\u017Estv\u00EDm akceptovateln\u00FDch v\u00FDstup"@cs . "Re\u00E1ln\u00E9 opce a podm\u00EDnky a mo\u017Enosti jejich aplikace v odv\u011Btv\u00ED energetiky" . . "enery" . "Real options and conditions and possibilities of their application in the energy sector"@en . . "enery; energy sector; real option; underlying asset; payoff function; intrinsic value; risk-neutral"@en . "GP402/07/P121" . " real option" . . "."@en .