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Michael STAVY, Senior Advisor on Renewable Energy Finance
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Michael STAVY'S Background

Michael STAVY'S Short Form CV (resume)
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Michael STAVY'S Contact Information
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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
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I help Propery Owners Develop their Wind Assets

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Solar Power
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Energy Storage Capacity
generate electricity and heat

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


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

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

I gave my presentation, A Mandatory US Federal Carbon Emissions Program (Kyoto-II) Will Reduce the Cost Advantage that Michigan Fossil Electricity has over Michigan Wind Electricity, at the 2009 Michigan Wind Conference.  

I spoke on Tuesday, March 3 from 2:00-3:00 pm in the Breakout Session, Legal, Finances and Training. I wish to thank those Conference attendees that listened to my lecture.

Go to to get a copy of the slides that I used in my oral presentation. 

 P Think Green  



If you want to make an appointment at my Chicago office, go to



Burning fossil fuel (coal, natural gas, fuel oil) to generate Michigan electricity creates greenhouse gas (GHG) emissions. Michigan wind generated electricity has no GHG emissions.  GHG emissions are causing global warming.  The Kyoto Protocol (Kyoto-I) was created to reduce global warming by reducing GHG emissions. The implementation of a Kyoto Protocol like mandatory US federal carbon emissions reduction program under President Obama’s new Administration (Kyoto-II) will reduce global warming by reducing US GHG emissions. Kyoto-I 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 signatory developed nations (Annex B) must reduce the amount of CO2 that they can emit. A mandatory US federal carbon reduction program will add the cost of carbon emission controls to the cost of generating fossil electricity. Kyoto-II is, therefore, a great benefit to the Michigan wind industry because it will reduce the relative cost advantage of Michigan fossil electricity. Protocol sections relevant to the US electricity utility industry are discussed. The paper is both US federal carbon cap and Michigan electric centric. Topics include the Protocol’s AAU emission unit, Protocol’s three emission control architectures (cap and control, cap and trade, carbon tax), the European Union Emissions Trading Scheme (EU ETS), the effect of Kyoto-I on global carbon emissions, the current market price of AAU emission allowances (/AAU; US$/AAU) and the reduction in the higher relative cost of wind electricity (/MWh; US$/MWh) over fossil electricity. The three Protocol architectures are analyzed to determine which architecture will cause the greatest reduction in the relative cost advantage that fossil electricity now has and which architecture has the greatest chance of being accepted in Lansing/Obama’s Washington. The significant structural components of each architecture is examined.  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.  Kyoto-II will make wind electricity cost more competitive with coal or gas plants that pay market prices for fossil fuel. The presentation concludes with non-Protocol suggestions that will both reduce global carbon emissions and improve the relative cost of wind electricity in Michigan during the "Kyoto-II" commitment period. Michigan should improve its 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 on a non-discriminatory basis).


27 January 2009


This presentation is the 7th 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.




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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