. "The main objective of this study is to value and analyse the risk of a project in the energy sector. For valuation purposes, two different approaches are applied. First traditional (passive) NPV method is used and next, approach on the basis of real option is employed. Here it is supposed the most common type of real option - the possibility to shut down a production and restart it. Risk analysis relies on VaR-type measures - NPVaR and Expected shortfall. Results are compared and discussed."@en . . "Masarykova univerzita" . "Valuation possibilities and risk analysis of the project in the electricity generation sector"@en . "RIV/61989100:27510/07:00014898" . "Valuation possibilities and risk analysis of the project in the electricity generation sector"@en . . . "1"^^ . . "mean-reversion process; real option; CorporateMetrics; density function; cumulative density function; flexibility; Net Present Value; percentile; percentile; expected shortfall; risk-aversion function."@en . . . . . "RIV/61989100:27510/07:00014898!RIV08-MSM-27510___" . . "Evropsk\u00E9 finan\u010Dn\u00ED syst\u00E9my 2007" . . "P(GP402/07/P121), Z(MSM6198910007)" . "1"^^ . "C\u00EDlem p\u0159\u00EDsp\u011Bvku je ocen\u011Bn\u00ED a anal\u00FDza rizika projektu v odv\u011Btv\u00ED v\u00FDroby elekt\u0159iny. Pro \u00FA\u010Dely ocen\u011Bn\u00ED jsou aplikov\u00E1ny dva p\u0159\u00EDstupy: tradi\u010Dn\u00ED (pasivn\u00ED) NPV a p\u0159\u00EDstup na b\u00E1zi metodologie re\u00E1ln\u00FDch opc\u00ED. Zde je uva\u017Eov\u00E1no s mo\u017Enost\u00ED do\u010Dasn\u00E9ho p\u0159eru\u0161en\u00ED v\u00FDroby. Anal\u00FDza rizika je zalo\u017Eena na m\u011B\u0159\u00EDtc\u00EDch typu VaR - konkr\u00E9tn\u011B NPVaR a Expected Shortfall. V\u00FDsledky jsou komentov\u00E1ny a diskutov\u00E1ny." . . . "435333" . "\u010Cul\u00EDk, Miroslav" . "978-80-210-4319-0" . "34-46" . . "Mo\u017Enosti ocen\u011Bn\u00ED a anal\u00FDzy rizika projektu v odv\u011Btv\u00ED energetiky" . . . . "13"^^ . "27510" . . . . "Mo\u017Enosti ocen\u011Bn\u00ED a anal\u00FDzy rizika projektu v odv\u011Btv\u00ED energetiky"@cs . . "Mo\u017Enosti ocen\u011Bn\u00ED a anal\u00FDzy rizika projektu v odv\u011Btv\u00ED energetiky"@cs . "Brno" . "Mo\u017Enosti ocen\u011Bn\u00ED a anal\u00FDzy rizika projektu v odv\u011Btv\u00ED energetiky" . . "[1F78F356A002]" . . "C\u00EDlem p\u0159\u00EDsp\u011Bvku je ocen\u011Bn\u00ED a anal\u00FDza rizika projektu v odv\u011Btv\u00ED v\u00FDroby elekt\u0159iny. Pro \u00FA\u010Dely ocen\u011Bn\u00ED jsou aplikov\u00E1ny dva p\u0159\u00EDstupy: tradi\u010Dn\u00ED (pasivn\u00ED) NPV a p\u0159\u00EDstup na b\u00E1zi metodologie re\u00E1ln\u00FDch opc\u00ED. Zde je uva\u017Eov\u00E1no s mo\u017Enost\u00ED do\u010Dasn\u00E9ho p\u0159eru\u0161en\u00ED v\u00FDroby. Anal\u00FDza rizika je zalo\u017Eena na m\u011B\u0159\u00EDtc\u00EDch typu VaR - konkr\u00E9tn\u011B NPVaR a Expected Shortfall. V\u00FDsledky jsou komentov\u00E1ny a diskutov\u00E1ny."@cs . .