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Cogeneration
Pawlitko, David ; Brázdil, Marian (referee) ; Kracík, Petr (advisor)
This bachelor’s thesis deals with the issue of cogeneration. At the beginning of the thesis, main principles and application of cogeneration are described. Further, various kinds of production of electricity and heat are introduced including comparison of advantages and disadvantages of concrete technology. Another possibility of primary fuel savings are presented too. Thesis also contains Czech and European legislation related to cogeneration, including some changes which bring for year 2013. At the end, heating industry in Czech Republic with its current problems is mentioned.
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Cogeneration
Martinek, Jan ; Šnajdárek, Ladislav (referee) ; Fortelný, Zdeněk (advisor)
This bachelor thesis is intended to handle the issue of cogeneration. There is presented the principle of cogeneration and its benefits. Cogeneration is compared to the separate production of power and heat. This work deals with the storage of electric energy and heat and also deals with used batteries. The next chapter discusses the impact of cogeneration to environment and at the end there are mentioned the main Brno’s cogeneration units and central heat distribution in Brno.
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An advancement of heating plants system in Brno
Brabec, Vít ; Lízal, František (referee) ; Jaroš, Michal (advisor)
The content of this bachelor’s thesis is the examination of the advancement of heating plants system in Brno. The first part of the thesis introduces a brief overview of an eighty-year history of heating industry in Brno from the first ideas up to the current state. Next part closely describes the individual plants and the system of centralized heat supply. The last section compares heat supply through steam and hydrothermal pipe-line and its influence on the combined production of heat and electrical energy.
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Analysis of the impact of ownership on effective operation of heating plants in the Czech Republic
Fajfr, Tomáš ; Macháč, Jan (advisor) ; Zajíček, Miroslav (referee)
Privatization transformation took place in the Czech Republic at the beginning of the nineties which also highly influenced heating plant industry. Some heating plant companies are in private ownership and some remained or were returned back into ownership of towns and villages. The main hypothesis of the bachelor thesis is that heating plant companies are more effective and are reaching better economic results than companies owned by towns and villages. This hypothesis is confirmed with the aid of statistic method of linear regression. Private heating plant companies have in average higher sales on employee, higher return on equity, higher return on sales and also higher share of investments on total revenue. Minor hypothesis saying that towns heating plant will sell heat energy cheaper was disproved.
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IT Innovations in the energy sector
Korych, Jan ; Basl, Josef (advisor) ; Fortinová, Jana (referee)
This thesis focuses on innovation of ICT in the energetics sector, particularly in the heating sector. This topic is discussed in terms of both theory and practice. The main goal of this thesis is to show by the example of specific ICT innovations how to properly prepare them. The theoretical part deals with the comparison academic approaches and the approach of the leading Czech supplier of software solutions. It compares the principle of multidimensionality of MMDIS method and methods of Unicorn ES Powered Company. It also discusses in terms of frequency of academic thesis neglected electricity sector, where it focuses on explaining the specifics of this sector using the experience of the author with projects in the Czech and European energetics. It contains a classification of innovation in the industry, market research of ICT products for energetics and SWOT analysis of heat generation sector. The practical part of the thesis focuses on ICT innovation at C -Energy Bohemia. It contains tender documents for this innovation, and based on that is elaborated a methodological approach for evaluation of the benefits of this innovation for the company. Subsequently there is elaborated a proposal for this innovation covering all dimensions of ICT by MMDIS. The main contribution of this work is thus primarily a comparison of academic approaches with the approaches used in practice , the analysis of the current situation of ICT in less well-known electricity industry and the practical application of academic gained from the study of the real demand for ICT innovation.
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Management of Municipalities in the Sphere of Heating Industry
Neuwirthová, Markéta ; Krbová, Jana (advisor) ; Coufalová, Pavla (referee)
Thesis "Management of Municipalities in the Sphere of Heating Industry" is concerned with assessment impact of ownership relationships in operation of heat management in municipality Bystřice nad Pernštejnem and comparison prices of heat energy of municipal or private heat companies. Diploma thesis is divided into two parts. First part is theoretical-methodological and it proceeds from professional literature and it describes municipal enterprise, methods and forms of municipal company management and thesis deals with legislation conditions that adjust energy market of which part is heat industry that can be line of municipal business. Practical part analyses business activities of Bystřice nad Pernštejnem in branch of heat producing and distribution, external and internal environment of municipal company Bystřická tepelná s.r.o. and that compares prices of heat energy of municipal and private heat companies.
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The analysis of current status and risks for future development of district heating industry in the Czech Republic
Juříček, Vlastimil ; Loužek, Marek (advisor) ; Hladík, Miroslav (referee)
The goal of the thesis is identification and analysis of key risks for Czech district heating sector with focus on coal availability and impact of the EU regulatory measures. In the Czech Republic district heating sector is an important part of energy industry. It serves heating needs of 1.5 million households and substantial amount of industry needs. Currently the question of possible brown coal shortage is becoming urgent. Dynamically changing regulatory framework generating requirements for additional investments is destabilizing. The sector is defined, its competitiveness is evaluated and further the risks are analyzed. Based on brown coal market analysis it is concluded that the current market situation can be considered as stabilized. In the long term perspective the question of possible lifting of the coal mining limits remains crucial. It is concluded that impacts of the EU regulatory measures can't be objectively evaluated at the moment. But it can be assumed that most of district heating companies will be finally able to meet the requirements.
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Investments in Energy Sector through the Lenses of Valuation
Tezner, Karel ; Heřman, Jan (advisor) ; Bílek, Milan (referee)
The main research goal is to identify specifics of energy utilities generating electricity and heat from a valuation perspective. To fulfill this goal, the electricity and district heating sector, their characteristic, economic aspects and related regulation have been described. Having weighted possible valuation approaches, the author has decided to opt for both the DCF method and the method using market multiples. The former has been extended by Monte Carlo simulation. The financial and strategic analysis, analysis of key value drivers, financial plan and valuation itself has been thoroughly done. There have been 7 values of equity derived according to a method used and assumptions considered. The variability of outcomes indicates the need for a correct consideration of relevant factors while compiling valuation. These factors are as follows: costs of inputs and their impacts on the entity's operation, price of electricity and heat, life cycle, technological parameters and ecological regulation.
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Inter-company comparison within the frame of district heating segment
Pechek, Václav ; Krause, Josef (advisor) ; Návara, Václav (referee)
The isolated evaluation of companies is not sufficient to analyze economic performance of particular enterprises. The performance of the company has to be assessed in relation to the relevant segment and to other companies. The importance of inter-company comparison based on financial analysis is enlarged by the need to increase efficiency and to maintain competitiveness. The aim of this thesis is to identify the determinants of performance of companies, which operate in the district heating segment. The aim is achieved by application of different methods of inter-company comparison. The particular emphasis is placed on the type of used fuel (the most significant cost for district heating companies). Appropriate indicators for evaluation of the economic performance are selected from a wide range of financial analysis indicators. The selection is subject to interests of the parent company.
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