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


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

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



My poster, A Mandatory US Carbon Emissions Ceiling (Cap) Will Reduce the Cost Advantage of Fossil Electricity Over Wind Electricity, was presented at the WINDPOWER 2008 Conference & Exhibition, June 1-4, Houston, TX.  It is based on my working paper of the same name. My poster was located at the Poster Topic: Government Policies. For a complete list of poster topics go to:




Burning fossil fuel (coal, natural gas, fuel oil) to generate electricity creates carbon. Wind generated electricity has no carbon emissions.  Carbon emissions are causing global warming.  The implantation of a Kyoto Protocol like mandatory US carbon emission reduction program will reduce global warming by reducing US greenhouse gas (GHG) emissions. A US carbon reduction program will add the cost of carbon emission controls to the cost of generating fossil fuel electricity. A mandatory US carbon reduction program is, therefore, a great benefit to the wind industry because it will reduce the relative cost advantage of fossil electricity.


This working paper examines the potential US carbon emission reduction architectures (cap and control, cap and trade, carbon tax) to determine which architecture will cause the greatest reduction in the relative cost advantage that fossil electricity now has over wind electricity and which architecture has the greatest chance of being accepted in Washington. The paper examines each architecture’s significant structural components (the details).  For the carbon tax, it is the definition of the tax base; tm- CO2/tm-fossil fuel or tm- CO2/MWh.  For cap and trade, the most popular architecture, it is auctioning verse the assignment of carbon emission units and banking.  For cap and command, it is setting up of an efficient command structure. The current status of the working paper is a poster comparing the three emission control architectures and a determination of which architecture gives the greatest reduction in fossil fuel’s relative cost advantage.  A mandatory US carbon emission reduction program increases wind electricity's economic position. 


To learn more about WINDPOWER 2008 go to


WINDPOWER 2008 Attendees:  To download an electronic copy of my presentation handouts, go to the very bottom of this page and press on WINDPOWER 2008 Handouts.  You will need the username and password that I gave to you at my presentation.  The username and password are good until Monday, July 7, 2008. 


MY GHG Emissions Papers Will Help You Understand Global Warming.


To download the abstracts for these papers go to MY GHG Emissions Papers Will Help You Understand Global Warming


Current Fact About Carbon Emissions


“Viewed another way, last year’s [2007] carbon dioxide increase means 2.4 molecules of the gas were added to every million molecules of air, boosting the global concentration to nearly 385 parts per million (ppm). Pre-industrial carbon dioxide levels hovered around 280 ppm until 1850. Human activities pushed those levels up to 380 ppm by early 2006.”


US National Oceanic and Atmospheric Administration Website, Carbon Dioxide, Methane Rise Sharply in 2007,  Dated: April 23, 2008; Accessed: April 24, 2008


 If you would like to discuss US carbon emission controls, the Kyoto Protocol economics or wind economics, make an appointment. 

We can meet in Houston, at my office in Chicago, at my western US "office” in Georgetown, CO or in Europe (Brussells or Paris). I will be in Europe during March and April, 2008. 


To contact me go to My Contact Information


21 May 2008 



Illinois' Mendota Hills Wind Plant when it was under construction

Source: Michael Stavy Photo Collection 



Black ink illustration of wind turbines located along I-10, San Gorgonio Pass, San Bernardino Mountains, Palm Springs, CA.

Used with permission of the artist: Christine BOIRY 


                        Michael Stavy, Member AWEA

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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