Sun Rising Over Aztec Pyramid


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Michael STAVY, Senior Advisor on Renewable Energy Finance
Let's Talk

Michael STAVY'S Background

Michael STAVY'S Short Form CV (resume)
Call for an Appointment

Michael STAVY'S Contact Information
Thank You for Your Business

All Michael's Invoices are now Sent Through PayPal
Let's Talk

Schedule to Meet Michael at a Renewable Energy Event
The Beighley-Stavy House

The Beighley-Stavy Home in Georgetown, CO
When in Chicago, ride the CTA

Innovations in Energy Efficient City Transit
Yes We Can!

The 2017 Chicago Climate Charter and the 2015 Paris Climate Accord
A Chicago Icon

Inside Marina City


I help Propery Owners Develop their Wind Assets

Wind Power

Solar Power
Call for an Appointment

Energy Storage Capacity
generate electricity and heat

Microturbine & Distributed Generation Projects
Yes, We Can!

The 2017 Chicago Climate Charter, 2015 Paris Climate Accord, Carbon Trading, the Carbon Tax
Lets Shop!

Electricity and Natural Gas Procurement
Fuel Cell Vehicle

Hybrid, Electric, Natural Gas, Hydrogen and Alternative Fuel Vehicles


33 Papers and Counting

List of Michael STAVY'S Published Papers and Presentations
see my co-authors

My August 2002 JSEE Paper is Specifically Cited in 11 Papers


C U in Hamburg!

PAPER at WindEurope 2018 Conference, 25-28 September, Hamburg
Download my Paper HERE!

PAPER at WindPower 2018, 7-10 May, Chicago
Lets Talk

PAPER at Solar Power International 2017, 10-13 September, Las Vegas
Nice Seeing you at SPI13

PAPER at Solar Power International 2013, 21-24 October, Chicago
Warsaw, Poland

Paper at the 2010 European Wind Energy Conference, 20-23 April, Warsaw Poland
Nice meeting with you in Marseille

PRESENTATION at the EWEC 2009 Marseille, France 16 - 19 March 2009

Paper at the 2009 Michigan Wind Conference 3-4 March 2009, Cobo Hall, Detroit, MI
See you in Chicago

WINDPOWER 2009, May 4-7, Chicago, IL USA

Press for the CHICAGO EDITION of my 2009 EWEC Paper
día bueno

PRESENTATION at the 2008 Latin American Wind Energy Conference, November 5-7, Guadalajara, MX

PRESENTATION at WINDPOWER 2008, June 1-4, Houston, TX

PRESENTATION at the 2008 European Wind Energy Conference, 31 March-3 April, Brussels. Belgium
Nice seeing you in LA

PAPER, "The Economics of Storing Wind Electricity as Hydrogen" at WindPower 2007 June 3-6 Los Angeles, CA USA
Kellogg Graduate School of Management Class of 1969

QUOTED in the Northwestern Alumni Magazine, Winter, 2007
Storing Wind Electricity as Hydrogen

PAPER "The Technology of Storing Wind Electrcity as Hydrogen" at the European Wind Energy Conference, 7-10 May, 2007, Milan, Italy
Storing Wind Electricity as Hydrogen

PAPER at the POWER GEN Renewable Energy and Fuels Conference, March 6-8, 2007, Las Vegas, NV
Spoke to Reporters

PRESENTATION "Reporting the Wind Story" At the Seminar "Reporting Energy Issues in the Midwest", Sponsored by the Foundation for American Communications, Urbana, IL September 14, 2006
Spark, November 2005

Letter to the Editor of SPARK, November, 2005
Clear Creek Public Radio

"US Energy Sources and Uses" October 29, 2005 Interview on KYGT, Clear Creek County, CO Public Radio
Illinois’ Voluntary Renewable Portfolio Standard

MY 2005 COMMENTS to Illinois Commerce Commision Concerning lllinois' Renewable Portfolio Standard (RPS)
Indiana Dunes National Lakeshore

MY ANSWERS to Certain Questions Concerning Illinois' 2005 RPS (Renewable Portfolio Standard)
Quoted Comments

COMMENTS Quoted in Newspapers or Magazines

PUBLISHED "January 3, 2005 Letter to the Editor" in Crain's Chicago Business
Journal of Solar Energy Engineering

PAPER "Carbon Content of Hydrogen Vehicle Fuel" in the February, 2005 Journal of Solar Energy Engineering
The Cost of Wind Electricity

PAPER "Worksheet to Compute the Cost Wind Electricity", World Renewable Energy Conference-VIII, Denver, CO USA, August 29-September 3, 2004
Fuel Cell Vehicle

PAPER California Climate Change Center's First Annual Conference on Climate Change, June 9-10, 2004, Sacramento, CA
Fuel Cell Vehicle

PAPER, National Hydrogen Association 20O4 Convention, April 26-30, 2004, Los Angeles, CA
Paper on Kyoto Protocol

PAPER-Global WINDPOWER 2004 Conference, Chicago, IL USA, 28-31 March 2004
Levelized Cost and Carbon Content of Hydrogen Vehicle Fuel

PAPER-United States Association for Energy Economics-NCAC-Washington, DC, Friday, December 19, 2003
Fuel Cell Vehicle

PAPER-Illinois Economics Association's 33rd Annual Meeting, October 17-18, 2003, Chicago, IL
Fuel Cell Vehicle

PAPER-American Solar Energy Society's SOLAR 2013 Conference, 21-23 June, Austin,TX
Yak Yak Yak

PAPER-International Solar Energy Society-SOLAR WORLD CONFERENCE 2003-14-19 June 2003,Goteborg, Sweden
Pure Hydrogen Flame

PAPER-European Wind Energy Association-2003 EUROPEAN WIND ENERGY CONFERENCE 16-20 June 2003-Madrid,Spain
Journal of Solar Energy Engineering

PAPER "Worksheet to compute the Levelized Cost of PV electricity", Journal of Solar Energy Engineering, August 2002
From Paris on Route N-7

PAPER, 2002 Global Windpower Conference, 2-5 April, Paris France


  Michael STAVY, Senior Advisor on Renewable Energy Finance

Michael STAVY  
Senior Advisor on Renewable Energy Finance  
300 N STATE ST APT 4434  
Chicago, Illinois USA 60654  

Trees Along Route N-7 in Provence
A First Generation Modern 5 MW European Wind Plant

    Burning fossil fuels (coal, natural gas, oil) supplies most of the energy in the industrial economies. The use of this chemical energy in economic production is one of the key characteristics of the industrial nations. The use of non-human and non-animal energy is so important to industrial societies that energy, itself, is now an additional factor of production. This was not explicitly observed in the pre-industrial era. Energy must now be added as a fourth factor to the three classical factors of economic production; land, labor and capital. Because energy is a factor of production in industrial society, its production and use is complicated.

    Source: Stavy, Michael, The Effect That the Kyoto Protocol Will Have on the Cost of Wind Power in the Signatory Countries, Global WindPower 2002 Conference, 2-5 April 2002, Paris, France. GO TO: 
    PAPER, 2002 Global Windpower Conference, 2-5 April, Paris France

  • 28 years consulting on renewable energy finance and technology.
  • Consulting on the finance and technology of climate change mitigation (cap and trade, carbon tax, RPS, RES, 2015 Paris Climate Agreement, EPA Clean Power Plan, EV, public transportation).
  • Facilitate investor efforts to finance renewable energy projects.
  • Help property owners develop their renewable energy projects.
  • BA University of Illinois at Chicago (1967). Took math through differential equations and one year of both physics and chemistry.
  • MBA Kellogg (Northwestern) Graduate School of Management, Day Program, (1969)
  • Past Illinois CPA Exam (1979)
  • Registered Illinois CPA (1980-1986)
  • Abstracts for Michael's 33 published papers are at
  • Google Scholar has reported (2018) that Michael's 33 papers have been cited 15 times
  • To date Michael has helped his clients buy electricity (55,000 MWh; 55 GWh) and natural gas (9,976 therms; 976.2 mmBtu) in Illinois (ComEd territory specialist). Let Michael help you shop!
  • Download Michael's 23 May 2018 Short Form CV (résumé)
  • Michael does Policy Reviews for the 2015 Paris Climate Accord and for the 2017 Chicago Climate Charter  The 2015 Paris Climate Agreement
  • Michael's last name, STAVY, is in capital letters on this website because French was the host language for the 2015 Paris Climate Change Accord. In French the family name is CAPITALIZED. (This is Michael's story and he is sticking to it)
  • Schedule to Meet Michael at a Renewable Energy Event

 WINDEUROPE 2018 Conference,  25-28 September, Hamburg, Germany


My paper, A Financial Algorithm for Computing the Levelized Cost (US$/MWh; €/MWh) of the Bulk Storage of Wind Electricity (LCOS), was presented at the WindEurope Conference 2018, 25-28 September, Hamburg

Download a complimentary (Unentgeltlich) copy my WindEurope 2018 Conference Paper at   


My paper, A Financial Algorithm for Computing the Levelized Cost (US$/MWh; €/MWh) of Storing Wind Electricity (LCOS), was presented at WindPower 2018, 7-10 May, Chicago.

Download a complimentary copy of my WindPower 2018 Paper @


  Buy this paper from Michael for US$25

Michael presented his peer reviewed paper, A Financial Algorithm for Computing the Levelized Cost of Storing PV Electricity (LCOS), at the poster session of Solar Power International 2017 (SPI-17), Monday, 11 September, 5pm-7pm, Las Vegas. Download Michael's SPI-17 Vegas Paper @   



Buy this paper from the JSEE for US$25.

Read Michael's paper, A Finance Worksheet for Computing the Cost (¢/kWh) of Solar Electricity Generated at Grid Connected Photovoltaic (PV) Generating Plants (LCOS), Journal of Solar Energy Engineering (JSEE), August, 2002, Vol 124, Page 319.

Michael's paper was one of the top 10 articles downloaded from the JSEE website in the following months:  November, 2006; December, 2007; February, 2008; and October, 2008.  

Go to  

Want to learn about the technology and finances of solar electric generation? You can set up an appointment to discuss Michael's JSEE LCOE paper at At your appointment, he will discuss both his JSEE LCOE and the newer competing Lazard LCOE paper. 

Michael rented the last car in Paris to drive to Warsaw  The 2010 Icelandic Volcano did not stop me!
I presented my paper, The Effect That a US Signature on a Kyoto-II Climate Change Mitigation Treaty (or an Equivalent US Domestic Change Mitigation Policy) Will Have on the US Wind
Industry, at the 2010 European Wind Energy Conference, 20-23 April, Warsaw, Poland. GO TO:

My 2008 Latin American Wind Conference presentation and to my 2009 Michigan Wind Energy Conference presentation are at

The 2013 COP 19 was held 11-22 November in Warsaw.  The 2014 COP 20 was held in Lima, Peru. The 2015 COP 21 was held in Paris where the 2015 Paris Climate Agreement was signed. 

banner_1.jpgMichael is now an Expert on Energy Efficient City Transit  AHK%20%282%29.jpg 

I was a member of a Fact-Finding Delegation that went to Germany, 17-21 Sept 2012, to study the topic, Innovations in Energy Efficient City Transit.  


Have Fun To show a major European Climate Change mitigation technology that is now used in the US, I have put my videos of this technology on my U-Tube Channel @

The Usual Disclaimers

The photographs of PV, solar thermal, wind and other renewable energy projects shown on this web site are for illustrative purposes only. Except where noted, I have not consulted the projects shown.

While I believe that this web site contains correct information, I am not making any warranty, express or implied, not do I assume any legal responsibility for the accuracy, completeness or usefulness of any information, apparatus, product, process or service disclosed. The information contained herein, and/or the products or services described, are subject to change without notice.

I am not responsible for the content of the external internet web sites that I have linked to. 

Don Quixote was Michael's first Wind client

An Older Spanish Wind Plant (MW capacity unknown)  

Photo: Michael Kemma, Quixote's Giants, Study 8, Consuegra Spain, 1996

Source: Michael Kenna, A 30 Year Retrospective, June 23-August 26, 2005, Robert Mann Gallery  

A good day to sail

Monet's Zaan River at Zaandam (1871) [capacity factor unknown]

Horizontal axis Dutch wind mills (turbines) which have "sails" (blades) that use the lift principle to convert wind energy into mechanical energy

Source: Illustrated History of Wind Power Development by Darrell M. Dodge, Littleton, CO,  2002
web address:


images_logo.gif has assembled a group of photos from my website. To view the photo collection, go to the Google site @ 


  1. The History of Climate Change Negotiations in 83 Seconds:
  2. The Art Institute of Chicago had the retrospective exhibition, Bertrand Goldberg: Architecture of Invention, 17 September 2011–15 January 2012. Bertrand Goldberg was the architect of Marina City. 
  3. A photograph of my Marina City Condo with me reading, French in Three Months, is now on exhibit at the Art Institute of Chicago:
  4. For a complete history of Marina City go to
  5. FOR EARTH DAY 2018, I put the POGO Earth Day Poster below:
  6. You should know that the real Earth Day 2018 was not on 22 April 2018. It was on 30 November 2015 in Paris at the start of COP 21 and the beginning of the drafting of the 2015 Paris Climate Agreement.   
  7. I was quoted in the 04/25/13 New York Times article, Power Grids Iffy, Populous Areas go for Generators. 

Pogo is not impressed with President Trump's postion on climate change 

Page Revised: 10 April 2018

The number of visitors since November 1, 1998. For 28 years, I have given proficient advice.

Michael STAVY, Senior Advisor on Renewable Energy Finance 

Wind, Solar, Energy Storage, Hydrogen, Carbon Mitigation Credits and Taxes 


My web address will continue to be

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