The emergence of new big consumer countries on the energy markets and the perspective of oil and gas depletion at the end of the current century raise the concerns about fair distribution of the remaining resources for the common and sustainable well-being of the mankind. High volatility of...

Over the last decade, the production and consumption of biofuels increased rapidly worldwide, in an attempt to reduce GHG (greenhouse gas) emissions, diversify transportation fuels, promote renewable energy, and create or maintain employment, especially in rural areas and developing countries....

This paper aims to perform a real options valuation of fusion energy R&D programme. Strategic value of thermonuclear fusion technology is estimated here based on the expected cash flows from construction and operation of fusion power plants and the real options value arising due to managerial...