Annotation This Master’s thesis deals with obtaining grants from EU funds that are specified for railroad development in the Czech Republic – modernization, reconstruction, interconnection and making the railroad traffic accessible for the whole Europe. In parlance of the Czech Republic the word modernization means speeding up the trains. In my Master’s thesis I would like to describe you the way how to evaluate the efficiency of the project “Reconstruction of Railroad Station in Olomouc” by means of main economic indexes (IRR, BCR, NPV) and further familiarize you with the Benefit 7+ form used for raising money from EU structural funds. I also would like to introduce you the procedure of elaborating required scheme used in economic evaluation – cost and benefits analysis (CBA). This scheme is absolutely necessary in order to get the grants from abovementioned EU structural funds concerning any investment project in the Czech Republic.

The Diploma Thesis analyzes the possibilities of financing an existing project of public interest with the accent on financing in the form of Public Private Partnership (PPP). The crucial part of theoretical knowledge presents the above mentioned financing option. The following part introduces the real project including cost analysis and the benefits from its realization. The last part is dedicated to the project realization and its evaluation.

This work has been written to elucidate the problems of feasibility study, as valuating document of public projects and its creating in practice. In the theoretical part I have explained the public projects, possibility of their financing as well as one of the cost methods of their evaluation, e.g. cost benefit analysis. I have described the application eCBA, which is nowadays compulsory annex to application for subsidies from the structural sources in many cohesion regions. A content of the practical part is creating of the feasibility study for the construction project which has already been done. Not only its traditional forms but its development in application eCBA too. These outputs fully replace feasibility study just in cohesion region Southeast.

This diploma thesis’ aim is to evaluate an economic effectiveness of the particular investment projects in the public sector. It describes theoretical possibilities and methods of evaluating an investment project generally (not only public one). It also deals with ways how to get financial assurance in the area of public investment. The practical part of the thesis contains the assessment of the economic effectiveness of the particular investment projects in the public sector, where theoretical approach given in the first part of this thesis is applied. The economic effectiveness was elaborated both for financial assurance of the project and for alternative funding from EU resources.

The diplome thesis deals with determination of economic efficiency of the project. This si a project of completion in the sports, recreation, hiking and biking. The theoretical part begins by a chapter describing preparation and implementation phases of the project. The following chapter is an overview of the methods that can be used to assess projects. The most of attention is given to the feasibility study as one of the methods for assessing projects. In the theoretical part is a list of indicators of evaluation of the project and a separated chapter with cost benefit analysis. The practical part focuses on the evaluation of the project, the assessment of cash flow and the resulting financial and economic evaluation of the project.

This diploma thesis deals with a cost-benefit analysis of investments in road infrastructure. The thesis is divided into two parts. The theoretical part includes a description of the cost-benefit analysis procedure and a deeper description of evaluating investments in road and highway constructions. The practical part deals with the specific investment for the construction of highway. This involves applying information from the theoretical part to this specific investment and evaluating the economic efficiency, including risk analysis. The main indicator of the economic efficiency is the net present value.

The thesis is dealing with the financial and economic analysis of the road infrastructure project. The theoretical part focusses on the explanation of basic terms from the field of public investments. Next it is describing assessment methods of the public investment projects and then it is analysing projects in the transport infrastructure in detail. The practical part is dealing with the assessment of the public project concerning the reconstruction of the road II/422 Podivín-Lednice based on price normatives which set the basic price including real costs for the realization of the buildings of the project given. Next this price is set higher according to building risks presumed. The second part of the thesis is dealing with financial and economic assessment of the project based on the analysis of costs and benefits realized in the electronic system MS2014+, which is used for filling and submitting electronic applications to support projects from structural funds of the European Community and from National resources between the years of 2014 and 2020.

In dieser Arbeit wird ein Modell zur integrierten Verkehrsnachfrage- und Nutzenberechnung für den privaten Personenverkehr entwickelt, mit dem eine harmonisierte Bewertung der entscheidungsrelevanten Aufwände der Verkehrsteilnehmer in der Verkehrsnachfragemodellierung und der Nutzen-Kosten-Analyse ermöglicht wird. Notwendig ist die Modellentwicklung und die damit verbundene Zusammenführung, da die derzeit praktizierte methodische Trennung zum einen nicht theoriekonform mit der Nutzen-Kosten-Analyse ist, zum anderen daraus fehlerhafte Ergebnisse im Rahmen der ökonomischen Gesamtbewertung einer Verkehrsinvestition resultieren können. Das entwickelte Modell liefert als Ergebnis einerseits die Verkehrsnachfrage für den Ohne- und Mitfall (ohne und mit zu bewertender Verkehrsinvestition), andererseits wird die Änderung der Konsumentenrente der Verkehrsteilnehmer ausgegeben, die unmittelbar in die Nutzen-Kosten-Analyse einfließt. Das zugrundegelegte Verkehrsnachfragemodell ist das EVA-Logit-Modell, das dem EVA-Grundmodell in Form eines Logit-Modells entspricht und damit mikroökonomisch interpretierbar und integrierbar ist. Die Nutzenänderung der Verkehrsteilnehmer wird durch das Integral des EVA-Logit-Modells bestimmt und mit Hilfe der in der Verkehrsnachfrage modellierten Bewertungspräferenzen der Verkehrsteilnehmer gegenüber den Reisekosten monetarisiert. Das Ergebnis stellt die konsistent bestimmte Änderung der Konsumentenrente dar. Die Funktionsfähigkeit und Verwendbarkeit des entwickelten Modells wird anhand einer Beispielanwendung getestet.

This thesis is an investigation of whether an energy efficiency obligation scheme would be cost-effective for the Swedish industrial sector. The basic guidelines of the scheme were constructed based on the characteristics proposed in the Energy Efficiency Directive and the previously implemented schemes in other EU Member States. In order to measure the cost effectiveness of the scheme for the industries, a Cost Benefit Analysis was performed. The results of the study show that the participation of the industries in an energy efficiency obligation scheme seems to be cost effective, and the Benefit to Cost Ratios of the analysis where ranging in numbers higher than one, showing that the benefits outweigh the costs. The scheme is in general more cost effective when scenarios assuming high policy intensity for the whole economy of the country are used as input for the calculation of the BCRs, which are also affected positively when higher fuel prices scenarios are adopted. The obligation should be placed upon the distributors, since the prices of energy distribution are administratively regulated. There is opportunity of financial benefits for the Swedish industries from agreements of energy savings delivery to the distributors in order for them to fulfill their obligation. These benefits will support the cost recovery of the investments for the energy savings measures. The possibility of certificate trading in the context of the scheme is another option that can create opportunities for financial gains and stimulate further the energy market. Basing the costs inputs from other EU Member States offers an insight on how these costs could be formed in the case of Sweden, but they cannot be taken as a complete calculation of the scheme’s financial effects. As a result, this study does not offer a final conclusion on the cost-effectiveness of the scheme; it rather serves as a means of support of the final conclusion regarding the cost-effectiveness of energy efficiency obligation schemes for the Swedish industries.

This diploma thesis is about an evaluation of risks of public investment projects. The first part of the thesis is focused on explanation of an essential terms relating to an economic evaluation and the evaluation of risks of public investment projects. The second part is defining a project and a practical elaboration of the analysis of project risks.