This thesis deals with the evaluation of the strategic investment in the waste-to-energy plant development. The central supply of heat and the incineration plant connection can be provided for example by the distribution network. The objective is to find financially feasible solution regarding uncertain development of waste management and energy market. A heat supplies to district heating network significantly influences the strategic decision. A two-stage stochastic programming based on the scenarios and the GAMS software were applied to solve this task. The main contribution of this thesis is decision on crucial parameters of the waste-to-energy plant.