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Michael STAVY, Renewable Energy Technology and Finance©
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Michael STAVY'S Background, CV (Résumé)
Call for an Appointment

Michael STAVY'S Contact Information
Let's Talk

Schedule to Meet Me 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 2015 Paris Climate Accord
Honorary Member, Class of '62, Niles TWP HS

Michael STAVY's "Official" Office Song
A Chicago Icon

Inside Marina City


Lets Shop!

Electricity and Natural Gas Procurement
Call for an Appointment

Energy Storage Technology and Finance
I help Propery Owners Develop their Wind Assets

Wind Power
Yes, We Can!

The 2015 Paris Climate Accord, Carbon Trading, the Carbon Tax
Heat energy not electricity

Solar Thermal

Photovoltaics (PV)
Fuel Cell Vehicle

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


31 Papers and Counting

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

My August 2002 JSEE Paper is Specifically Cited in 11 Papers


My Papers on Climate Change

Michael's GHG Emissions Papers Will Help You Understand Climate Change and the Paris Climate Agreement
C U in Vegas

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
Download my Carbon Cap Presentation

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)
Yak Yak Yak

My 4 October 2005 Speech to the Sierra Club, Chicago Group, North Shore Program
Quoted Comments

COMMENTS Quoted in Newspapers or Magazines
Chicago Skyline

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 2003 Conference, June 21-23, 2003, 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


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

Michael STAVY  
Renewable Energy Technolgy and Finance©  
300 N STATE ST APT 4434  
Chicago, Illinois USA 60654  


GUADALAJARA, MX. November 5 - 7, 2008

I presented my paper, The Use of the Kyoto Protocol and its Clean Development Mechanism (CDM) to Help Finance Wind Plants in Latin American Countries, at the Latin Mexican Wind Conference and Expo (LAWEA) in Guadalajara, MX, November 5-7, 2008

To download my 2008 Latin American Wind Conference (and my 2009 Michigan Wind Conference) slide presentations go to the bottom of this page.

P Think Green 


This presentation discusses the effect that the Kyoto Protocol and one of its development mechanisms, the Clean Development Mechanism (CDM),  is having in financing Latin American wind plants during the Protocol’s first commitment period. The Kyoto Protocol was created to reduce global warming by reducing greenhouse gas (GHG) emissions. The Protocol measures GHG in metric tons (tm) of carbon dioxide (CO2), the major GHG. The Protocol sets the first commitment period (2008-2012) by which certain developed nations (Annex B) must reduce the amount of CO2 that they can emit. The Latin American (LA) countries being non-Annex I (developing) countries are not required to reduce emissions in the first time period but may do so using the Protocol’s clean development mechanism (CDM). The paper discusses the sections of the Protocol that could affect the cost of wind electricity in Latin American CDM projects. The paper is both global carbon cap and LA wind centric. Topics include the Protocol’s AAU and CER emission units, Protocol’s emission control architectures, international emissions trading, the European Union Emissions Trading Scheme (EU ETS), the CDM, CDM additionality, Annex B nations’ emission control architectures and their relationship to the CDM, the EU ETS CER linkage, the effect of the CDM on global carbon emissions, the market price of AAU (CER) emission allowances (€/CER; MX$/CER; US$/CER), the efficient market hypothesis (EMH) and the CDM’s reduction in the cost of Latin American wind electricity (€/MWh; MX$/MWh; US$/MWh). The CDM will make LA wind electricity cost more competitive with coal or gas plants that pay market prices for fossil fuel, but not with LA hydroelectric plants. Unfortunately the CDM has been used to finance the burning of NOx and HFC instead of wind plants. The presentation concludes with two suggestions that will both reduce global carbon emissions and improve the relative cost of wind electricity in Latin America during the "Kyoto-II" commitment period.

1. Latin American Countries should improve their utility regulations to make them more wind friendly (i.e. a wind-feed-in tariff; a smart grid with hydro storage at existing dams; wind access to transmission).

2. “Kyoto-II” should define additionality more precisely and should list some LA countries in Annex B

This presentation is the 5th paper in the author’s series of papers/presentations on carbon caps and wind electricity. His first paper[1] was presented at WindPower 2000.

[1] Stavy, Michael An Analysis of the Policies Required to Earn Carbon (CO2) Emissions Credits When Generating Electricity at Wind Power Plants, American Wind Energy Association, Washington, DC,  WINDPOWER 2000, Palm Springs, CA, May 2, 2000.



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Michael with a Happy Latin American (Brazilian) Client on his Arm

Source: Michael Stavy's Photo Collection


Michael with a Happy European (French) Client

 Source: Michael Stavy's Photo Collection


North American lady bug who is concerned about global warming. She wishes all the LAWC attendees Good Luck



  Sun Rising over Aztec Pyramid



17 April 2009

Michael STAVY, Renewable Energy Technology and Finance©

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