The transformation of economies towards net zero greenhouse gas (GHG) emissions within
very few decades will require substantial investments. However, the transition to a low …

This paper aims at serving as a critical analysis of Real Options (RO) methodologies that
have so far been applied to the flexible evaluation of smart grid developments and as a …

A guide to using the power of design flexibility to improve the performance of complex
technological projects, for designers, managers, users, and analysts. Project teams can …

Applying standard decision-making processes such as cost–benefit analysis in an area of
high uncertainty such as climate change adaptation is challenging. While the costs of …

Infrastructure for water, urban drainage and flood protection has a typical lifetime of 30–200
years and its continuing performance is very sensitive to climate change. Investment …

The re-processing of mine tailings to obtain critical raw materials (CRMs) could reduce the
mining of new deposits as well as ensure the profitable use of the waste materials. Though …

It is well recognized that adaptive and flexible flood risk strategies are required to account for
future uncertainties. Development of such strategies is, however, a challenge. Climate …

This study contributes the Deep Uncertainty (DU) Pathways framework for bridging long-
term water supply infrastructure investments and improved short-term water portfolio …

Real options (RO) theory is well known for enhancing the value of projects under
uncertainty. This is achieved by modelling the flexibility that managers possess to adjust the …

This paper presents a five-phase taxonomy of systematic procedures to enable flexibility in
the design and management of engineering systems operating under uncertainty. The …