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Real Options Analysis – Assessment Method Of Investment Projects In Green Energy

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  • MAFTEI DANIEL

    (INSTITUTE OF NATIONAL ECONOMY, ROMANIAN ACADEMY, BUCHAREST, ROMANIA)

Abstract

This article highlights the importance of real options as a evaluation method of investment in green energy. Article consider several theoretical and practical approaches, the analysis based on real options by many authors who have theorized and used this method. Each approach provides a operationalisation through a steps series of specific evaluation. This paper highlights the different views: academics, financiers, managers and facilitates the access to an accurate evaluation decisions of projects.

Suggested Citation

  • Maftei Daniel, 2014. "Real Options Analysis – Assessment Method Of Investment Projects In Green Energy," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 122-125, October.
    • Handle: RePEc:cbu:jrnlec:y:2014:v:5:p:122-125
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    References listed on IDEAS

    as
    1. Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474.
    2. Constantinides, George M, 1978. "Market Risk Adjustment in Project Valuation," Journal of Finance, American Finance Association, vol. 33(2), pages 603-616, May.
    3. Brennan, Michael J & Schwartz, Eduardo S, 1985. "Evaluating Natural Resource Investments," The Journal of Business, University of Chicago Press, vol. 58(2), pages 135-157, April.
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